$ETH Friends paying attention to market trends, the latest market analysis is out! The current overall market trend is leaning bearish, with a trading strategy focused on shorting at high points. Short-term rebounds with long positions should only be attempted with small positions; do not hold heavy positions against the trend.



Core trend judgment

Market movement is clearly visible, with all short-term moving averages broken below, collectively forming resistance. The MACD bearish death cross continues to operate, green volume bars keep increasing, and the KDJ indicator is moving lower simultaneously, indicating a strong bearish market atmosphere. The previous high points have quickly fallen back, bullish momentum is weak, and there isn't enough buying support to push the market higher; the overall bearish trend will not change.

Key price ranges

Upper resistance zone: 2330-2358, key resistance during short-term rebounds; strong resistance levels: 2385-2404, previous high point suppression zone
Lower support zone: 2311-2300, short-term support levels; strong support level: 2289, important defensive support

Trading plan: bidirectional reference for long and short positions

Short position plan
Steady entry at 2335-2345, stop loss at 2365, initial stop at 2315-2310, secondary take profit at 2295-2290
Aggressive entry at 2320-2325, stop loss at 2350, initial stop at 2305-2300, secondary take profit at 2285-2280

Long position plan: short-term light positions as alternatives

Steady entry at 2300-2305, wait for stabilization before entering, stop loss at 2285, initial take profit at 2335-2340, secondary take profit at 2355-2360
Aggressive entry at 2310-2315, stop loss at 2295, initial take profit at 2330-2335, secondary take profit at 2350-2355

Market volatility is accelerating, and the risk of trading against the trend is greatly increased. Currently, bears dominate the market. For steady profits, follow the trend closely. Long positions can be tested with simple trial and error. Continuously monitor market dynamics and follow real-time trading advice.

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