$ETH 1.26 Morning ETH Analysis

Current price 2969, the current high position shows obvious pressure characteristics: although the daily line has stopped falling, it is still under pressure below the middle track, indicating a weak rebound structure; the 4-hour level has repeatedly impacted the 2950-3000 range but encountered obstacles and fell back, with MACD repairing volume being weak and KDJ being sluggish at high levels, indicating heavy selling pressure above; the 15-minute level shows a bearish crossover weakening at high levels, with short-term momentum declining, and the rebound is only driven by short covering, lacking active buying support. Overall, it is in a state of oscillation and repair, with limited rebound space.

Trading advice: Short around 3000-3050, target: 2900, 2850
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