Ethereum's latest intraday price movement analysis

Ethereum's technical analysis is aligned with Bitcoin's, maintaining a consistent strategy. Key resistance levels are the 7-period moving average on the 4-hour chart and the middle Bollinger Band. On the downside, expect a false break below 2000 followed by a rebound. This week's important data release, the non-farm payrolls report originally scheduled for Friday, has been postponed due to another shutdown. Continued outflows from ETFs and suspicions of renewed institutional selling have increased market uncertainty, potentially leading to another accelerated bottoming-out. For intraday trading, it's advisable to follow the above strategy and avoid impulsive actions. While higher volatility often leads to higher profits, the risks are equally significant. Here are some short-term suggestions for Ethereum: Short at 2180 (or 2250), Long at 1988 (take profits as needed after strategy activation). For more cryptocurrency analysis, click the image to see the homepage introduction. —I am Zhou Yueying, a teacher specializing in technical analysis. Feel free to discuss and learn with me about trading and trends! Let's exchange ideas and profit together!