Current market ETH is in a 【neutral sideways】 position.
Technical core drivers: The current market is in a downtrend, but the price is close to a strong support level of 4160.7, short-term momentum is increasing, while volatility is low, forming a fluctuating pattern.
External environmental impact: Market sentiment is neutral, macroeconomic pressure is limited, news is mixed, the overall environment is complex but lacks a clear direction.
Overall environmental rating: The external environment is rated as "neutral".
Core evidence:
Market sentiment is neutral, Fear & Greed Index shows no obvious extreme sentiment.
Macroeconomic pressure is limited, with no significant impact from the dollar index and treasury yield.
The news is mixed, with overall sentiment being complex but unclear.
Based on the above analysis, we propose the following range trading strategy plan, please refer to it in conjunction with your own risk preference.
Fluctuation - High Sell
Entry Area: 4184
Stop Loss Price: 4202
Target Area: 4173
Strategy Basis: The current market is in a fluctuating pattern, with prices close to a strong resistance range of 4184 - 4196. Combined with the bearish arrangement of moving averages and enhanced momentum signals, adopting a short strategy near the resistance level is in line with the trend and fits the characteristics of fluctuation.
