#美国就业数据表现强劲超出预期 How is the Ethereum market this week? The market sentiment is indeed suppressed, and the short positions signal is quite obvious.

Last week I provided a long-term trading strategy, and the market cooperated quite well, dropping more than 400 points. It seems that the entire market still hasn't shown any signs of upward movement, so this week I will continue to look for opportunities to enter short positions at high levels.

From the four-hour candlestick chart, the price is stuck in a converging triangle consolidation pattern—volatility is getting smaller, indicating that the market is still searching for direction, and the accumulation phase has not ended.

The MACD volume bars are shrinking, and the two lines are firmly pressed below the zero axis, maintaining a short positions arrangement. Although there are signs that the short positions momentum is somewhat weakening, the trend is still fundamentally bearish, so we cannot be optimistic.

In terms of operation, layout short positions when Ether rebounds to around 3050 and 3120, add another position at 3170, and set the stop loss near 3210. The target is down to the two points of 2850 and 2770.

$BTC $ETH $BNB