12.8 Monday Concubine Midday Trend Analysis

The four-hour chart of ETH shows a clear bearish pattern. After a previous surge and pullback, the rebound is hindered by the pressure from the MA169/MA144 dual moving averages, with the short-term rebound ceiling locking in on key resistance levels.

The narrowing of the candlestick body combined with insufficient volume highlights the weakness of the bulls. The rebound has not broken the core pressure, and the dominance of the bears is solidified. In terms of operations, the focus is on shorting during rebounds, backed by key resistance, while closely monitoring the support at the integer level below. A significant break could lead to following the trend.

Operating Suggestions

Short around 3125-3150, target 3100, near 3000. #ETH走势分析