#ETH走势分析 12.1 Evening Market Watch $BTC $ETH :

From the hourly perspective, the situation is not very optimistic. The Bollinger Bands have been opening downwards, with both the middle line and the upper line moving downwards, and the bears are currently in control. Can the level of 85500 hold? We still need to continue observing.

Looking at the K-line combined with the performance of trading volume: during declines, there are large bearish candlesticks, but during rises, there are only small bullish candlesticks and doji candles. The trading volume is not showing any improvement, indicating that the bulls want to push it up, but their strength is clearly insufficient. In the tug-of-war between bulls and bears, the bears have a significant advantage.

Here is a reference for the operation:
You can consider placing short positions in the range of 86000 to 86500, with a key focus on whether 85000 can hold below.
For the second pie, you can try to short around 2890 to 2850, with a target to focus on the 2750 line.

Caution is advised in the short term, waiting for clearer signals.