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11.5 Evening Ether ETH Thoughts
The 4-hour level bearish trend continues to crush, with the Bollinger Bands accelerating downward along the lower track, and there are no signs of weakening in bearish volume; the short- to medium-term moving averages clearly show a bearish arrangement. Although there was a brief rebound near 3055 on the 1-hour chart, the MACD momentum is weak, merely a temporary technical correction, making it difficult to shake the overall downward trend.
Operation suggestion: 3345~3320 short
Target: 3245-3170