Dear friends, those monitoring the market today should have felt it — Ethereum is playing a "dilemma" tug-of-war on the 4-hour timeframe. The price repeatedly fluctuates between 2980 and 2900, struggling to break above 3020, while a decline towards 2820 remains unresolved. What signals are hidden behind this lukewarm market?

**Lack of News Momentum**

The US stock market is closed today. This seemingly insignificant detail actually has far-reaching implications — major funds are temporarily absent, and trading activity in the crypto space has sharply declined. When the market lacks main players, small-scale funds and even emotional swings can easily cause price fluctuations. In other words, don’t expect sudden surges or crashes; the true direction is still brewing.

**Technical Signals**

The MACD indicator has already fallen below the zero line, with the white and yellow lines forming a classic "bearish signal." This indicates that the bulls are exhausted and short-term upward momentum is lacking. But note, the 2900 level still holds — if support is confirmed here, a rebound is within reach. Conversely, if it breaks, the next line of defense is at 2820, with a strong support zone at 2770 below.

**Practical Strategy**

If the price rebounds to the 2980-3020 range, observe whether volume follows. When trading volume is insufficient, consider small-scale short positions, with the first target at 2900. Conversely, if the price stabilizes around 2900, taking a small long position for a 10-20 point gain on the rebound is also good. The worst-case scenario: a break below 2900, with a stop-loss to cut losses immediately — don’t hold on out of luck.

**Final Advice**

The essence of losses is often not a lack of technical knowledge, but poor control over your fingers. In ranging markets, chasing rallies and selling dips will only lead to repeated wipeouts. My straightforward view: observe more tonight and act less. Wait until tomorrow’s signals are clearer before looking for opportunities.