From the perspective of hourly technical indicators, Ethereum's trend is bearish. The price has broken below the middle band of the Bollinger Bands and is approaching the lower band, indicating a bearish dominance. If it cannot quickly recover above the middle band, there is significant downside risk; the KDJ indicator's three lines are diverging downwards, with the J value in the oversold zone and not turning up, indicating strong selling pressure and difficulty for bulls to counter; the MACD indicator's two lines are below the zero axis, with green bars indicating a continued bearish trend and momentum being released. Overall, Ethereum is under significant short-term downward pressure and is likely to maintain a weak pattern.
Bitcoin Strategy: Short near 93500-93800, target 92000
Ethereum Strategy: Short near 1805-1780, target 1730
