The current downward trend of Ethereum is evident, with clear signals of a transition from rise to fall in the short term: prices continue to fluctuate below the descending trend line, failing to achieve an effective breakthrough, and the short-term moving average has formed a 'death cross' with the long-term moving average. This technical formation further confirms that the dominance of bearish forces is continuously consolidating.

In this trend, each rebound may encounter resistance from the trend line, making it difficult to accumulate sustained upward momentum. Overall, it is still necessary to be vigilant about downward risks, and it is recommended to operate in accordance with the trend, positioning based on rebound resistance levels.

Morning operation strategy: short directly in the 4150-4200 range, targeting 4050. #币安HODLer空投PLUME