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Short-term focus on sentiment, trends focus on structure. ETH came under pressure and declined above 2080 in the early morning, probed down to 2024 and then weakened with oscillations. Volume expanded moderately, bears are still releasing, and buying power is weak.
4-hour cycle shows complete bearish structure: MACD death cross below zero axis with volume expansion, KDJ at low levels with dull momentum and no reversal, Bollinger Band trading along lower rail, 2080 mid-rail showing clear resistance, RSI relatively weak with further downside room. Early session outlook: Rally for short positions at resistance, do not bottom fish.
Operating Recommendations:
ETH: Layout shorts in the 2060-2100 range, targets 2010-1960
The above represents personal views for reference only. Specific operations should be based on actual market conditions.