1

#ETH
Conclusion: Range-bound consolidation with slight upward volatility

Warm reminder: Resistance and support levels can both serve as entry points (averaging down points)

Upper resistance: 3230/3360/3450

Lower support: 3130/3080/3030

Trading strategies:

Long position strategy: If the rebound fails to firmly hold above 3230, establish a primary short position; add to the position near 3450. Break and hold above 3450 with stop-loss below that level.

First take profit: 3130 / Second take profit: 3080

Short position strategy: If the pullback does not effectively break below 3130, establish a primary long position; add near 3030. Break and hold below 3030 with stop-loss above that level.

First take profit: 3200 / Second take profit: 3320

Bollinger Bands: Currently, the 4-hour chart shows Bollinger Bands converging, with the middle band trending horizontally upward. The three lines correspond to prices 3043--3119--3194. The current hourly chart shows Bollinger Bands trending horizontally upward, with the middle band moving sideways upward. The three lines correspond to prices 3190--3152--3113.

The 4-hour chart shows a short-term MA5 trending upward; the market is currently operating above MA5 and between the middle band. The pullback does not break below MA10 at 3145, indicating a potential second upward move. The hourly chart shows MA5 trending downward; the market is currently operating between MA5 and MA10.

MACD Indicator: On the 4-hour chart, the MACD lines are above the zero axis, with parallel movement; bullish momentum bars are gradually weakening. On the 1-hour chart, the MACD lines are above the zero axis; the fast line crosses below the slow line from above, indicating weakening bullish momentum and emerging bearish momentum.

RSI Indicator: Currently, the RSI is in a normal trading phase, with a death cross downward at prices 42--34.