$ETH market trend is exactly as I expected, it has perfectly reached the first take-profit level!

6.30 Ethereum Analysis:

The technical aspect presents a typical bearish-controlled oscillation convergence pattern. Although the daily MACD shows a decline in bearish momentum, both the DIF and DEA are still constrained by the 0 axis, indicating that the medium-term trend has not yet reversed; the four-hour Bollinger Bands are in extreme contraction combined with a double top pattern, signaling that a change in trend is approaching. Coupled with the repeated divergence indicated by the MACD volume indicator, the current market is at a critical point of directional choice, but the technical pattern leans more towards a downward breakout.

Operation Strategy:
Intraday trading must strictly follow the high short logic, focusing on targeting the double top confirmation signal. It is recommended to set the first entry point at around 2510, with a short-term target looking down at the 2400 round number, and for swing trades, pay attention to the key support level at 2100. It should be noted that if 2400 is breached, it will open up the space for a drop towards the 1900 area. In the current market environment, avoid blindly bottom-fishing; all long positions must strictly set stop losses based on the gain or loss of 2400.

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