Evening ETH Market Analysis
From the current trend, ETH shows clear short-term pressure characteristics: each time the price rebounds near the moving average, it encounters significant resistance, making it difficult to break through that resistance zone. This phenomenon directly reflects that in the short term, the bearish forces in the market dominate, and the bulls temporarily lack the momentum for an effective counterattack, limiting the upward space.
ETH Trading Suggestions
Short position entry range: around 4430 - 4460 (relying on moving average resistance, positioning during rebounds)
Target range: 4300 - 4200 level
