#ETH走势分析 📉Morning Market Watch: Clear Signs of Market Weakness

This rebound seems unsustainable. Prices are once again under pressure and pulling back, with upward momentum noticeably weaker than before.

Looking at the four-hour chart, prices declined rapidly after hitting resistance, leaving a long upper shadow. Bulls failed to maintain strength, and this pattern indicates poor continuation. Switching to the hourly timeframe makes it even clearer—Bollinger Bands have narrowed, prices are being pushed downward, and bearish volume is gradually increasing.

On the technical indicator side, a MACD bearish divergence has triggered a death cross. Once this signal appears, bearish momentum usually continues to strengthen. In the short term, the downtrend appears highly certain.

In summary, there is significant selling pressure at the moment. Strategically, it’s advisable to follow the trend, with shorting on rallies being the more prudent approach.

Reference entry points:
$BTC Short positions can be placed around 93500, with a target of 91500
$ETH Short positions can be placed around 3220, with a target of 3100

Reminder: Be sure to manage risk and set stop-loss levels in advance. If the trend reverses, be prepared to exit promptly.