From the daily chart perspective, today’s KDJ and MACD indicators show slight upward turns, but overall they are still oscillating around the midline for adjustment. Regarding BOLL, it is still narrowing and pressing downward (as for the rebound this morning, it’s likely that the BOLL lower band did not provide room for a decline; the prolonged close to the lower band naturally leads to a “stress” market). On the main chart, although there was a small rebound this morning, it did not break through the five-day moving average, and today’s MA three-day moving averages continue to resonate downward with different amplitudes, indicating that the market’s selling pressure is still stronger than the short-term rebound sentiment brought by the bulls. Therefore, in the short term, we will continue to adopt a high-selling approach.

On the 12-hour chart, the current KDJ and MACD are similar to the daily chart, maintaining oscillation around the midline. Regarding BOLL, it is generally oscillating downward (narrowing downward, indicating the short-term market still needs to brew). The MA three-day moving averages on the main chart are also resonating downward with different amplitudes, so in the short term, we mainly look for rebounds to enter short positions in batches.

Summary: The rebound this morning is basically a normal technical correction, with no damage to the technical structure. Therefore, in the short term, we will continue to maintain a high-selling trading mindset (from a technical perspective, as long as the MA30 does not turn or get broken, the current dominant trend remains bearish). The first support at the bottom is around 1870-1760, and the second support is around 1500-1350.

Ethereum today’s trading strategy: 1.1820-1850 long, target 1930-2000, stop loss 1780
2.2030-2000 short, target 1930-1850, stop loss 2080

Risk reminder: Markets change rapidly; trading requires flexible control. Investment involves risks; operate cautiously!