Ethereum Market Analysis

Ethereum has rebounded for 2 days, with the price approaching 2450. The one-hour Bollinger Bands have closed the upward channel, and the MA moving averages have completed their bullish momentum. If there is no support at the golden pocket, pay attention to the 2350 level. Daily pressure is focused on the 2500 level. The four-hour MACD golden cross continues to decrease in volume, and after the KDJ leaves the overbought zone, it will provide opportunities for bearish volume. Overall, Ethereum can be positioned for short trades at pressure points.

Trading Suggestions: Short in batches at 2490-2520

Target: Break below 2390-2350 to reach 2290

Risk Control: 2540