ETH Technical Analysis:

Over the past two weeks, repeated attempts to break the 3700 resistance level have failed. Consecutive doji candlestick formations with long upper shadows have revealed bullish fatigue, with significant volume-price divergence (high-volume stagflation). Last Friday's breakout above 3700 confirmed a bearish trend.

Key Resistance: 3600-3640 (rebound highs gradually shift lower, increasing pressure).

Short-Term Support: 3500-3470 (if breached intraday, targets 3450-3400).

Medium-Term Target: 3200-3300 (daily neckline support).

4-Hour Chart: The volatile downward channel is intact, with support at 3560 repeatedly tested and broken. The EMA is in a bearish formation, and the OBV momentum continues to weaken. A break below 3500 would trigger accelerated short-term selling pressure.

Operation strategy: Mainly high altitude: short under pressure when rebounding to 3600-3640, stop loss at 3700, target 3500→3450#香港稳定币新规 #币安HODLer空投PROVE #币安HODLer空投TOWNS Brothers who are unclear about the direction of their recent trades can contact me at any time (click on the avatar), and I will answer your operation questions one-on-one!