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#数字资产市场动态 Ethereum Short-term Technical Analysis
$ETH this wave of movement is interesting—the moving average alignment is completely a bearish pattern. The 5-hour and 10-hour charts are both pressed below the 30-hour chart, a classic short-selling signal.
The price started to weaken after bouncing up to touch the 5-hour line, because the 10-hour and 30-hour lines above form a solid resistance zone. The rebound lacks sufficient momentum and the strength to break through.
In terms of trading strategy, you can short in the range of 3000-3050, with a target around 2900. In the short term, this resistance level is not easy to break, and rebounds tend to get stuck.