10.28 Ether Market Analysis The market situation is a bit awkward now, it can't fall through, and it can't rise either, both bulls and bears are consuming here. In the current situation, the price just broke 4100 and was pulled back to 4113, indicating that there are buyers below, but there is also considerable pressure above. The daily chart is suppressed below 4137, and the weekly line at 4032 has become the last defense line. Key positions to remember: support levels are these two, with 4080 being the first test. If it can't hold here, we have to look at the next one around 4050, which is quite critical, with weekly support + resonance with previous lows. At this level, one can consider taking action. The resistance level is here: 4140 is like a ceiling now, several attempts to go up have been pushed back, 4170 has even more pressure, many people are trapped there, so caution is needed as we approach this position. How to view technical indicators: the MACD death cross indeed looks bad, but the trading volume shrinking like this indicates that everyone is very hesitant. It's like two people arguing, just shouting but not making a move, both waiting for the other to strike first. My operational suggestion: close to 4080, you can try a Light Position long, but be prepared to run away at any time. If it can get around 4050, I would consider increasing the position for a rebound above 4140 and start taking profits in batches. Around 4170, one can consider taking the opposite position to short. No matter what, you must carry a stop loss, as this market can change face at any time. Key reminder: 4030 is the last defense line; if it falls through with higher trade volumes, don't hold on stubbornly, admit defeat when needed. Conversely, if it can strongly break through 4190, then a new market condition may begin. Now in this market, don’t be too stubborn, it's better to take profits when they appear than to hold on for too long. Remember, staying alive is the most important thing; preserving your principal allows you to wait for great opportunities.