Based on the technical analysis of the current ETH price of 4341 USD, we provide you with contract trading strategies:
📊 Current market conditions ETH is currently in a downtrend, with a 24-hour decline of 3.27% and a 7-day decline of 9.64%. The price has fallen below several key moving average supports.
🔴 Short Selling Strategy (Recommended) Entry point: Short when rebounding at 4360-4380 USD Stop loss: $4420 Target levels: $4280, $4230 Leverage: 3-5x
📈 Technical Indicators Support RSI is at 42.5, indicating weakness. MACD negative value expands, bearish momentum strengthens The Super Trend indicator shows a continued bearish signal. The price is operating near the lower Bollinger Band.
⚠️ Risk Warning Large holders are close to the liquidation price of $4344, which may trigger a chain reaction. If the price falls below $4280, it will accelerate the decline to the $4200 range.
🎯 Operation Suggestions Focus on short selling in the short term, strictly control positions, and set stop-losses. Wait for opportunities to go long near the $4200 area. #MLP#
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#eth#
Based on the technical analysis of the current ETH price of 4341 USD, we provide you with contract trading strategies:
📊 Current market conditions
ETH is currently in a downtrend, with a 24-hour decline of 3.27% and a 7-day decline of 9.64%. The price has fallen below several key moving average supports.
🔴 Short Selling Strategy (Recommended)
Entry point: Short when rebounding at 4360-4380 USD
Stop loss: $4420
Target levels: $4280, $4230
Leverage: 3-5x
📈 Technical Indicators Support
RSI is at 42.5, indicating weakness.
MACD negative value expands, bearish momentum strengthens
The Super Trend indicator shows a continued bearish signal.
The price is operating near the lower Bollinger Band.
⚠️ Risk Warning
Large holders are close to the liquidation price of $4344, which may trigger a chain reaction. If the price falls below $4280, it will accelerate the decline to the $4200 range.
🎯 Operation Suggestions
Focus on short selling in the short term, strictly control positions, and set stop-losses. Wait for opportunities to go long near the $4200 area.
#MLP#