According to the technical analysis of Ethereum early this morning, the Bollinger Bands are currently showing a narrowing trend from the 4-hour time frame, and the market is in a phase of consolidation and repair.

Recently, the K-line pattern has closed negatively, reflecting a short-term weakness in the market. In terms of technical indicators, the MACD momentum is weakening, while the RSI indicator is approaching the oversold area. Although these signals may indicate a potential rebound opportunity, investors should remain vigilant against possible counterattacks from bears.

For investment strategies, in the current market environment, consider positioning long positions in the 2340-2385 range, with upward targets focusing on the 2450-2500 range. However, given the market volatility, it is recommended that investors strictly set stop-loss orders to control risk exposure.

In the macro environment, Trump's recent pressure on the Federal Reserve's policy is also one of the factors influencing market sentiment. Investors can pay attention to the potential impact of this factor on the cryptocurrency market.