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Do not ignore the turning signals at the four-hour level. After the ETH peaked, it closed with two consecutive Bearish lines. The support at the middle band of the Bollinger Bands is precarious, and after the KDJ death cross forms, it accelerates downward divergence. The MACD red bars are sharply shortening.
The price has been hovering at a high level for many days without setting new highs, and there are obvious signs of capital outflow, making the bearish logic increasingly clear.
Operation suggestion: Short near the 3780 range, looking down to the 3600-3550-3400 line.
#币圈# #eth#