Monday, Auntie, do you still dare to go short into it?



Technically, the four-hour Bollinger Bands are tightening slightly, the downtrend is clear, rebound momentum is insufficient, the RSI is relatively weak and nearing oversold, and the moving averages are aligned bearishly. There’s no clear short-term reversal signal. Pattern: consolidating within a descending channel—rebound is under pressure and downside risk hasn’t been eliminated.

On the news front, the Ethereum ETF has seen net outflows for four straight days. Funds show a preference for BTC, and ETH is suffering from “cyclical reduction.”

Short-term reference suggestion: short rallies is the main approach. Enter short around 2330, targeting down at 2280$ETH #美国寻求战略比特币储备 .
ETH3.94%
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AHeadOfBlackHair
· 4h ago
Many people are bullish, although it was slightly pushed down again, but the support below is also very strong.
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