#以太坊行情技术解读 Regarding the recent trend of $ETH, I think it's necessary to clarify.

Yesterday, the price failed to break through after reaching key levels and then retreated to the weekly support. It is currently in a consolidation and adjustment phase. On the four-hour chart, the Bollinger Bands are expanding, with the middle band moving downward. After the price broke below the lower band, it found support at the weekly moving average MA120 and rebounded. However, the MA5 and MA10 have already formed a death cross downward, and the MA30 has also broken through the MA60 and MA240. The MACD has formed a death cross below the zero line, indicating that bearish momentum is waning. The RSI indicator has shown a bullish crossover in the oversold zone, but it remains to be seen whether a double crossover will form.

Looking at the hourly chart, the Bollinger Bands continue to open downward, with the long-term moving averages maintaining a bearish trend, and short-term moving averages showing a complex crossover. After falling below the Bollinger Bands, the price oscillated upward from a low position but did not break above the four-hour MA5 before dropping again. If it cannot break above the middle band, it is likely to continue downward. The MACD has formed a bullish crossover below the zero line, with both lines rising horizontally, indicating moderate bullish strength. The fast and slow RSI lines are rising within the normal range, approaching overbought levels.

Overall, the market shows a sideways consolidation at low levels with a tendency toward upward correction. The key factor is whether the four-hour MA10 can hold — if it breaks below, a decline may resume.

Key technical levels:
Resistance levels: 3016, 3133, 3337
Support levels: 2897, 2829, 2623

Trading strategy: If the four-hour middle band line is not broken upwards, consider short positions. The middle band line can be used as a reference for adding positions, with 3133 set as the stop loss.