Pay attention to the afternoon trend of ETH~ Brother Yong has been updating less these past few days, but regarding the observation of the afternoon market, there may still be further downward space.

Specifically looking at the indicators: the MACD histogram at the 4-hour level is shortening, and the DIF has also crossed below the DEA, indicating that the bullish strength is gradually weakening; the RSI is currently in the neutral range of 44 to 50, and there has not yet been an oversold signal.

In terms of K-line patterns, a 'Evening Star' combination has appeared, along with the MA/EMA showing a bearish arrangement, all of which have strengthened the bearish expectations to a certain extent.

In terms of operational strategy, if the price approaches the range of 3650-3690, it may be worth considering a short position, with an initial target looking at the range of 3580-3530. If this position can be broken, one can continue to look towards the previous low of 3353.

This is Brother Yong's personal opinion. When everyone reads this post, remember to make appropriate stop-loss arrangements based on your own situation; holding onto losing positions has no future! #ETH🔥🔥🔥🔥🔥🔥