Li Shengting: Ethereum Market Analysis and Trading Ideas at 3:25 AM

Last night, the price of Ethereum rose to around 2100 and then quickly retreated, with today's lowest point dropping to around 2030. From the daily technical indicators, the KDJ and MACD indicators are in a phase of oscillation and adjustment. The MA5 and MA10 moving averages are maintaining a resonant upward posture, but it is important to note that the MA30 moving average is still under pressure. From the daily perspective, the resistance levels above and market suppression are quite strong. Additionally, the Ethereum TD13 indicator is significantly lagging. In simple terms, if Ethereum cannot rise above 2100 and stabilize, the price will continue to drop to around 1920-1850.

From the 4-hour technical indicators, both the KDJ and MACD indicators show signs of bullish volume contraction. Although the BOLL indicators are operating in the middle track area, they have not opened up towards the upper track for sustained volume. In simple terms, there are signs of reduced bullish volume, and the short-term MA30 moving average is still pressing down. Currently, Ethereum has triggered a red TD3 sell signal in the short term, so the strategy remains unchanged this morning, suggesting a focus on shorting on rebounds.

Ethereum: Short around 2075-2100 Stop Loss: 2154 Target: 2030-1970

Bitcoin: Short around 87800-88200 Stop Loss: 88800 Target: 86800-86000

The above is my personal market analysis for the early morning, for reference only.