Detailed analysis of Ethereum's trend and suggestions for sound trading strategies (1/9):

Ethereum is currently trading in a narrow range between 3050 and 3180 on the 4-hour chart, with bullish and bearish momentum locked in a stalemate. A breakout confirmation is needed for a short-term direction. Trading strategy should focus on buying low and selling high within this range, followed by breakout trading, with strict stop-loss orders. Analyzing the 4-hour Ethereum price trend, the daily candlestick chart shows a recent decline from a high of 3296.84, currently fluctuating around 3086.6. Three consecutive days of declines indicate a weak downward trend. On the 4-hour chart, the price has repeatedly attempted to break through the EMA7 moving average without success, forming short-term resistance, while the lows are gradually rising to near the previous low of 3067. In the 4-hour MACD cycle, the DIF and DEA are below the zero line, and the MACD histogram is negative and expanding, indicating that bearish forces are dominant but showing signs of slowing. The RSI14 is currently at 37.9, approaching oversold territory, suggesting a potential short-term rebound, but the overall trend remains weak. The EMA price is trading below the EMA30 and EMA120, with the EMA7 providing significant resistance. The EMA30 (3141.5) is a key resistance level. Key resistance levels: 3120-3127 (30-day moving average + Alligator jaws), 3140-3148 (Bollinger Band upper band), 3180-3200 (previous high neckline). Ethereum (ETH) conservative entry strategy (1/9): Short positions are recommended around 3080-3100, with a target of 3050-3020. Strategies are time-sensitive; implementation should be based on free guidance.