🐍Midday Ethereum Thoughts

Recently, the price of Ethereum has shown a gradual downward trend. The MACD histogram on the technical side remains negative and is gradually lengthening, indicating a strengthening of bearish forces. Meanwhile, although market trading volume has fluctuated, overall sentiment is cautious, and capital inflow is slowing. If a key resistance level cannot be broken, a short-term continuation of the downward trend may occur.

Operational suggestion: Short between 3750 and 3720, targeting 3600.