ETH is stuck in a "deadlock" at the price level of 2256, with the middle Bollinger Band at 2219 and the upper band at 2279 acting like two shackles locking the volatility range. The golden cross below the MACD zero line feels more like a "dying carnival"; this is clearly a "meat grinder trap" for 90% of retail investors: chasing long positions fears a crash at the upper band, while shorting is scared of a rebound at the middle band. The game at the intermediate price level is inherently the most dangerous gamble.

The technical aspect hides a more chilling truth: the upper Bollinger Band at 2279 is a bearish "guillotine"; after three rebounds reaching this level, all were smashed through. The middle band at 2219 is a bullish "life-saving charm"; losing it will lead to a plunge to the lower band at 2159. Meanwhile, the MACD golden cross still hovers below the zero line—what kind of reversal signal is that? It's just a false carnival of "returning light."

Conservatives must gnaw on the "critical levels" to survive the bear market: bulls should avoid reckless bottom fishing; wait for ETH to retest the middle band at 2219, and enter when a long lower shadow candlestick + a solid MACD golden cross appears. Set a stop-loss at 2195, and aim for a target at the upper band of 2279; bears should not blindly flee the top; wait for ETH to hit the upper band at 2280, observe a long upper shadow candlestick + MACD red bars shrinking before going short. Set a stop-loss at 2290, and target the middle band of 2220 for profit. Currently at 2256, positions must be clear-headed: both longs and shorts should cut half their positions; for remaining long positions, set a breakeven stop-loss at 2220, and for short positions, set a breakeven stop-loss at 2280. If not holding any position, just lay flat and wait for the critical signals to sound; missing out isn’t a loss, but making a wrong move can be fatal.

The harshest aspect of the crypto world isn’t the sharp declines but the "boiling frog" rebound traps. Want to avoid the slaughter and feast on big gains? Follow me, share your positions in the comments, and I’ll teach you step by step how to use Bollinger Bands + MACD to predict price movements, along with conservative position strategies; the next piece will further reveal the secrets of the 4-hour major cycle trend, surviving is the key to earning a Tesla—see you in the comments, I’ll teach you how to turn traps into cash printers! Edit: add some recent market dynamics of ETH in the short article, creating a piece of ETH technical analysis with more emotional expressions. Please provide some eye-catching opening lines for ETH market commentary.