This week is mainly volatile, with non-farm payrolls tomorrow night, which may be favorable, leading to a short-term rebound. The trend is difficult to reverse, so it is suitable to reduce positions in altcoin spot trades. Most altcoins have already entered a bear market under the influence of ETH. If you have a large position with some profit, it's advisable to reduce some holdings during the rebound. If the economic situation is still okay or if you are optimistic about the second half of the year, you can hold on until after June to look for opportunities to sell at highs.

ETH: The 2-day and 3-day MACD has crossed below the zero axis, and the 5-day MACD fast line is about to touch zero. The weekly MACD is opening downwards, and major indicators are clearly in a bearish trend. Although there is a short-term rebound, the trading volume is insufficient, making it impossible to establish a bullish pattern. The main strategy is to focus on short positions. The high short range is 2852-3112 (with 3112 being the recent maximum resistance). A breakthrough and stabilization above 3120 would signal a shift to bullish. Support is at 2112-2000. Basically, one can look for long-term shorts at highs. Low longs can only be short-term or ultra-short-term; 2660-2600 has been retested multiple times and is an important short-term support. If this support breaks, a quick drop towards 2000 is likely, so subsequent bottom-fishing should still target the bottom of 2.3. Positions can be taken below 2600 at various support points, and profits should be taken promptly after a rebound.

Today's first support point is 2712, and the first resistance point is 2860.