Brothers, today let's talk about the latest data and operational strategies for Ethereum. The current price is $3490, with an adjustment of over 6% in the last 24 hours, reaching a low of $3430. It is worth noting that the price has fallen below the $3500 mark, and short-term sentiment is affected. There have been two consecutive bearish days on the daily chart, and the EMA7/30 has formed a death cross, indicating a bearish short-term trend.

From a technical perspective, the 4-hour MACD histogram continues to expand in negative territory, highlighting strong bearish momentum; although the RSI has dropped to 24.8, entering the oversold zone, there has been no sign of a rebound yet. KDJ also shows no signs of reversing, overall sentiment remains bearish. Support is first seen at $3430; if this fails, attention can shift to $3300. Resistance is near $3550 and $3600.

Morning Brother's operational strategy for reference: if there is a rebound to the $3495-$3505 range, consider shorting, with a target looking towards $3455-$3435, while ensuring proper stop-loss arrangements. The current market pace is quite fast, so it is advisable to closely monitor the support situation at $3430 and its correlation. Steady operations should always be a priority, and I hope everyone can grasp the rhythm well~#ETH