April 3rd Evening ETH Analysis:


Currently, the 4-hour chart shows that ETH is in a downward channel with higher highs continuously declining. The escalation of Middle East conflicts has intensified market risk sentiment, leading to sell-offs in risk assets. The rebound strength is insufficient, trading volume is sluggish, and capital is clearly flowing out.
Trading suggestion: Consider short positions in batches within the 2060-2100 range, targeting lower levels at 2000 and 1950 to seize short-term downward opportunities.
In simple terms, market sentiment is unstable, ETH's rebound is weak, and it’s advisable to continue following the bearish trend, capitalize on range fluctuations, and steadily lock in profits.
BTC0,1%
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