Reviewing the recent price action of ETH, it has been following the broader market's weak consolidation throughout. Each rebound has been difficult to sustain, and the bearish outlook given in advance has realized profits multiple times.

ETH has stronger elasticity; once a downtrend starts, its decline is often larger than BTC. Do not blindly bottom-fish in hopes of a reversal.

On the daily chart, the Bollinger Bands are contracting downward, and the price has been unable to hold above the middle band. There is a lack of bullish buying support. On the 4-hour chart, all short-term moving averages are overhead, and rebounds are volume-less. On the hourly chart, after a spike, a bearish divergence has appeared. Multiple timeframes are aligning bearish. Wait for the upper resistance zone to set up short positions. Aggressive traders may act at will.

Trading suggestion: Aggressive: short directly at current price. Conservative: short near 1770-1800, targeting around 1730-1700, with potential to break 1650 and 1600. Stop loss at 1830.
#特朗普宣布美伊停火结束 $ETH $BTC $SOL