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The four-hour Bollinger Bands are continuously narrowing, with the price staying close to the lower band, and the overall trend remains weak.
The MACD momentum continues to shrink, and the bulls and bears are at a stalemate.
Before a clear breakthrough of the key resistance level, the market will maintain a weak and volatile pattern.
The Federal Reserve's interest rate decision has become a short-term key indicator; a dovish stance may trigger a rebound, while a hawkish stance will further increase the risk of a pullback.
Currently, market volatility is intensifying, panic sentiment is spreading, and leveraged liquidations are amplifying short-term fluctuations.
Overall trading strategy: Rely on rebounds to short on the way up, strictly control position sizes, and implement good risk management.
Trading suggestion: Short positions within the 2330-2360 range for ETH, with the lower target at 2280, then 2250.
Be sure to set stop-loss orders and trade cautiously. $ETH