Ethereum's short position gained 30 points. The previous rebound has officially come to an end, and the current market has clearly shifted into a weak state, with upward momentum completely fading and the pullback pressure gradually increasing. In the short term, the 1-hour Bollinger Bands are narrowing, indicating that the market is entering a narrow range of fluctuations; the 4-hour chart is also in a consolidation phase without accumulating upward momentum, essentially building momentum for further declines. In the future, we must be vigilant against a sustained decline in a weak pattern, and the operation should still focus on short positions, taking advantage of any rebound opportunities to set up short positions.
Evening operation strategy: short directly at 4750-4790, with a target at 4650.