#ETH

Upper resistance: 2960/3000/3030

Lower support: 2880/2800/2760

Trading strategy:

High-altitude strategy: If the rebound does not effectively stabilize around 2960, establish a short position. Add to the position near 3030. Stop loss above 3040 after breaking through and stabilizing.

First take profit: 2880 / Second take profit: 2800

Low-long strategy: If the pullback does not effectively break below 2880, establish a long position. Add to the position near 2760. Stop loss below 2760 after breaking and stabilizing.

First take profit: 2960 / Second take profit: 3020
Bollinger Bands: The current 4-hour chart shows Bollinger Bands with three lines trending downward, with the middle band slightly horizontal downward. The three lines correspond to prices 2996--2946--2895. The current hourly chart shows Bollinger Bands opening up, with the middle band slightly horizontal downward. The three lines correspond to prices 2933--2967--2899.

The 4-hour chart shows a short-term MA5 downward trend. The market is currently operating between MA5 and the lower band. The market is testing upward towards MA5 at around 2930. The hourly chart shows MA5 trending downward, with the market currently operating between MA5 and the lower band.

MACD Indicator: The MACD double lines on the 4-hour chart are below the zero axis, with the fast line crossing downward, indicating a bearish momentum. The bearish volume bars are not showing signs of weakening. On the 1-hour chart, the double lines are below the zero axis, trending downward, with no signs of weakening in bearish momentum.

RSI Indicator: The RSI is currently in a normal trading phase, trending downward with a death cross, corresponding to prices 55--37.