April 4th Double Coin Market Analysis📉

Current price: 2049, 24-hour price fluctuation range: 2038-2084, 24-hour trading volume reaches 40.86E, market liquidity is sufficient.
MA7: current value 2050, the latest price 2049 has slightly fallen below, short-term bullish momentum is weakening, and the short-term trend is shifting from strong to weak.
When it previously surged to 2060, trading volume significantly increased; during the subsequent decline, volume continued to decrease, consistent with the weak oscillation pattern of "rising with volume, falling with shrinking volume." Capital outflow is not strong, but bulls are unable to mount a counterattack.

Core Logic
1. All three moving averages are in a bearish alignment, with the price under all moving averages, indicating a clearly bearish short-term trend;
2. Multiple attempts to break through the 2,060 level have failed, with obvious resistance above, and bullish momentum is severely lacking;
3. On the daily level (30-day decline of 4.62%, 90-day decline of 33.87%), the medium-term is still in an adjustment cycle, and a large-scale rebound has not yet been confirmed.

Trading Suggestions
Pullback to 2048-2050: short
First target: 2043
Second target: 2038$ETH