#ETH

Trading Strategy: High Short Strategy: If a rebound does not effectively stabilize around 2990, establish a primary short position, with a top-up point around 3080. If it breaks and stabilizes above 3120, stop loss. First take profit: 2880 / Second take profit: 2800. Low Long Strategy: If it retraces and does not effectively break below 2880, establish a primary long position, with a top-up point around 2760. If it breaks and stabilizes below 2760, stop loss. First take profit: 2990 / Second take profit: 3030.
Bollinger Bands: The current 4-hour chart shows a trend of expanding Bollinger Bands, with the middle line trending horizontally, corresponding to price levels of 3042--2994--2945. The current hourly chart shows a trend of expanding Bollinger Bands, with the middle line trending downward, corresponding to price levels of 3073--3008--2943.

The 4-hour chart shows a downward trend for the short-term MA5, with the market currently operating between the MA5 and the lower trend line. The market is currently testing the lower Bollinger Band, corresponding to a price of 2945. Currently, the short-term moving averages on the hourly chart are trending downwards, arranged in order with the medium and long-term moving averages.

MACD Indicator: The MACD indicator on the 4-hour chart has both lines above the 0 axis, with the fast line trending downwards and the slow line moving horizontally downwards along with the fast line, indicating a trend of increasing bearish volume bars. On the 1-hour chart, both lines are below the 0 axis, entering the oversold phase, with both lines trending downwards and no signs of weakening bearish volume bars.

RSI Indicator: The current buy line of the RSI indicator is in the oversold phase, while the sell line is about to enter the oversold phase corresponding to the price of 14--24.

Resistance: 2990/3030/3080

Support levels: 2880/2800/2760