$ETH
The current price of Ethereum is around 2400. On the hourly chart, the upper Bollinger Band is also forming resistance near 2450, with the candlestick repeatedly testing it unsuccessfully, indicating insufficient upward momentum.
The MACD indicator shows signs of a dead cross at a high level, and the trading volume has not effectively supported this, increasing the risk of a short-term pullback. On the daily chart, although Ethereum is in a bullish trend, there is significant pressure in the short term within the range of 2400-2450, while the potential support area is below at 2350-2300.
Evening trading suggestion for Ethereum: Short in the range of 2400-2450, stop loss at 2470 if it breaks through, target at 2350.
