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$ETH
The 4H chart shows a clear weak trend. After a spike to the top, it has been oscillating downward. The price has broken below the middle Bollinger Band, stabilizing in the weak zone between the middle and lower bands. Short-selling pressure continues to be released.
K-lines are successively declining, with weak rebound recovery. The bearish trend is fully established. Stick to shorting on rebounds; the middle Bollinger Band serves as the strength-weakness defense. Pressure on rebounds is the entry opportunity.
Hold the lower band to see a range pullback; if it breaks below the lower band, it will open up further downside space.
ETH: Short at 1750-1760, target 1720