🧭【October 9 ETH Trend Analysis | Brother Lei's Perspective】

Today, ETH continues to fluctuate and retreat, currently quoted at around 4430 USD. The 4-hour level has consistently closed in the red, and the price has broken below the short-term uptrend line, indicating that short-term momentum is weakening.

📉 Technical Structure Analysis:

The price has fallen below the blue trend support line, and the short-term bullish defense has failed.

Upper resistance: 4650–4700 range (previous high + trend resistance)

Support below: 4270 as the first support, if it fails, look down to the 4200–4100 range (Fibonacci 0.5–0.786 + previous low area).

This range belongs to the critical gaming zone. If it breaks down with increased volume again, it may enter a phase of adjustment.

📊 Indicator Tips:

The Long and Short Master Indicator has shown a reversal signal and volume divergence at the previous high position, followed by the price validating the top pressure, with short-term bears in the dominant position.
Current signal shows:
The short-term trend is bearish, and shorting on rebounds is a priority.

If a bottom reversal signal appears (green buying point + volume increase), you may consider buying back at a lower level.

💬 Brother Lei's Viewpoint:

ETH is currently in a "technical correction" phase, and blindly trying to catch the bottom is not recommended.
Pay attention to the support reaction in the 4270–4200 range. If there is a signal confirming a stop in the decline, a small long position can be attempted; otherwise, following the trend to short is more stable.
Main idea: Focus on shorting during rebounds, control the rhythm, and follow the signals.

📌 The above is Lei Ge's personal opinions and indicator tips, for learning and reference only, and does not constitute investment advice. The market is highly volatile, please control your positions and operate rationally.