8.8 Ether
The 1-hour bearish signal for Ether appears: consecutive bearish candles near the previous high of 3937, with diminishing upward momentum indicating a local top; the middle Bollinger Band at 3838 serves as a bullish defense line, and a break below this level will turn bearish; despite a net inflow of 210 million, the trading volume has not sustained, and there is a lack of strength in chasing higher prices.
Recommendation: Short in the 3900-3930 range, targeting 3800-3850
