Continuation of weakness, yesterday's rebound was short-lived, and it has directly broken down this evening, with bears currently dominating the market! The 4-hour chart shows a continuous downward trend, with moving averages in a bearish arrangement, and prices persistently operating below the Bollinger Band lower limit, making the downtrend hard to change. The MACD indicator's green bars continue to expand, and the death cross signal remains unresolved, indicating that bearish momentum is still increasing, with little hope for a short-term rebound.

Trading suggestion: Short in the range of 3350-3390,

Target looking towards 3250-3180$ETH

#ETH