$ETH 1.6 Morning Analysis



The 4-hour ETH chart shows that after reaching a high of around 3266, the price failed to continue its upward momentum and then experienced a slight pullback. Currently, it is consolidating below the upper band of the Bollinger Bands. Combining the 1-hour chart technical indicators, the KDJ indicator has already turned downward, clearly indicating strong resistance above. Overall, short-term upward momentum is insufficient, and the rebound is weak. The subsequent trading strategy should prioritize high-level positioning, cautiously chase longs, and strictly control positions to manage range fluctuation risks.
Recommendation: Short at 3290~3240, target: 3190, 3140, 3090#加密市场开年反弹
ETH0,24%
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