Ethereum short positions have been closed with perfect profits for several consecutive days! Please read the article for guidance on future trading strategies.

Several consecutive days of short positions have resulted in perfect profits! Currently, Ethereum's four-hour chart shows a "weak rebound after bottoming out, consolidating at the bottom" pattern, with the price around $2865. The overall bias is bearish, but there is a short-term need for correction. Key resistance is at $2900-$2930, and support is at $2800-$2780. Insufficient volume limits the rebound's potential, and caution is advised regarding the risk of a correlation between tonight's macroeconomic data and US stock market movements. Over the weekend, it traded sideways between $2920-$2970. After breaking below $2900 in the early morning of January 26th, it accelerated its decline, reaching a low of $2787. In the afternoon, it rebounded to the $2860-$2870 range, forming a "deep V" followed by weak consolidation, with the rebound lacking volume support. The four-hour Bollinger Bands, which had previously narrowed, widened downwards after breaking the range, indicating increased volatility and a short-term bearish bias. The price is trading between the 7/30-period moving averages, indicating a short-term balance between bulls and bears with an unclear direction. The MACD histogram has contracted after a period of increased bearish volume, suggesting weakening momentum and a short-term need for correction, but the bearish structure has not yet reversed. The RSI is in neutral territory, indicating no extreme oversold conditions. The decline is a rhythm adjustment rather than a panic sell-off, and bulls are still defending key levels. The rebound lacks volume. The rebound lacks follow-through buying, and selling pressure above has not been fully released, making a significant breakout unlikely. Resistance levels: $2900-$2930 (lower edge of the previous trading range, which will become strong resistance if broken), $2950 (recent rebound high). Support levels: $2800 (lower edge of the recent trading range, a lifeline), $2780-$2700 (January 26th low and support zone from last November), $2720 (further strong support). Ethereum trading advice: Maintain a wait-and-see approach, waiting for a breakout above $2930 or a drop below $2780 before trading, and manage your position size. This strategy is time-sensitive; implementation will be based on free guidance.