4/2 Ethereum Trend Analysis and Sound Trading Suggestions:

The 4-hour chart shows a large bearish candlestick with a long upper shadow at 08:00 on April 2nd, accompanied by huge volume, indicating heavy selling pressure and resistance to bullish attacks. The following two candlesticks continued the downward trend, with the latest candlestick (16:00 on April 2nd) closing as a small bearish candlestick. The price has broken through all recent support levels, confirming a short-term downtrend. In-depth analysis of Ethereum's 4-hour technical indicators: BOLL, MACD, and KDJ all show a consistent bearish signal: BOLL (Bollinger Bands): The price has currently broken below the middle band (MID: 2079.37) and is approaching the lower band (LOW: 2001.67). While the lower band provides initial support, breaking below the middle band usually signifies a weakening short-term trend. MACD (Moving Average Convergence Divergence): The DIF (8.71) crosses below the DEA (14.07), forming a death cross. The MACD value is -10.71 (negative), and the green histogram momentum is increasing, indicating that bearish momentum is being released. KDJ (Stochastic Oscillator): The K value (30.60) and D value (51.32) are both in a downward channel, and the J value (10.84) has entered below the oversold zone. This suggests that the short-term decline is too rapid and may trigger a slight rebound, but a clear golden cross reversal signal has not yet appeared. Ethereum Trading Strategy: Short Position: It is recommended to enter short positions around 2030-2050 for Ethereum, with a target price of 2010-1980. Stop loss at 2080! This strategy is time-sensitive; implementation will primarily rely on free guidance.