#数字资产市场动态 $ETH 1.17 Afternoon Market Observation



Ethereum's recent move is quite interesting—dropping directly from the high of 3403 down to 3288, now teetering between the middle and lower bands of the Bollinger Bands. At first glance, the bulls haven't completely given up, but a closer look shows that MA144 and MA169 still display bullish signs, although they are already somewhat distant from the current price, and the support strength is clearly weakening.

The upper Bollinger Band has already turned downward, and the middle band is pressing down on the price, creating a situation of oscillation and indecision. The problem is that there are many sellers around the 3400 level, and volume increased during the pullback, indicating that many profit-taking bulls are rushing to exit. Around 3250, some buyers are entering, but there are no signs of large funds stepping in, and market sentiment remains quite cautious.

Short-term strategy: Consider shorting in the 3330 to 3380 range, with the first target at 3230 and the second at 3180. Overall, maintain a defensive stance and wait for a clear trend to emerge.
ETH1,27%
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ProofOfNothingvip
· 8h ago
Still shaking and swaying, the bulls are getting anxious... --- 3400 is hammered so hard, let's see if it can break 3250 first --- Damn, the middle band of the Bollinger Bands is so fierce, better to play it safe and stick to the sidelines for now --- Increasing volume means distribution, don't overlook these details --- Defense, defense, don't get reckless before confirming the direction --- Profits have already run away, the ones taking over are still dreaming --- Feeling a bit uneasy about shorting at 3330, haven't figured out the risk yet --- The bullish stance is all虚, support weakening means this --- No big funds entering the market, it's really a mindset issue, everyone is just watching the show --- Wait for 3180, otherwise it feels like虚空 catching the bag
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AirdropHunterWangvip
· 8h ago
3400 that critical level collapsed, this wave indeed looks like a dying struggle before the bulls admit defeat... --- Once again, this kind of shaky market in the middle, so annoying, waiting to see if 3180 can hold --- Everyone making money is running, this mindset has indeed become more conservative, I also dare not chase high --- Feeling like 3330 short feels like there's no suspense, all the volume is right there --- This time, liquidity is really poor, what are the big funds waiting and watching for --- Bollinger Bands pressing on the scalp, this technical situation is indeed not very good, my stop-loss has been set long ago
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TokenomicsPolicevip
· 8h ago
This wave of 3400 smashing down really shows that someone is getting impatient. It feels like the bulls' perseverance is about to break. Take profit and run, classic move. Don't blame others for not playing fair. Looking at the shorting range of 3330-3380, it seems worth trying your luck, but a conservative mindset is definitely the way to go. Waiting for the direction to be confirmed again—that's because the market hasn't decided yet. Just watch and see. The Bollinger Bands are so tight that a breakout in either direction is inevitable; it's just unknown which way it will break. Volume has already been released, yet it can only return to 3288. It seems there's not much imagination left for the future. Being conservative is not wrong; anyway, you can't make big money, so there's no risk of losing too much.
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ConsensusBotvip
· 8h ago
It's that kind of squeeze market again, the bulls are scared away haha
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tx_or_didn't_happenvip
· 8h ago
It's another situation where it's stuck between the middle and upper bands, and I’m already tired of it. The aggressive sell-off at 3400 clearly indicates that someone is eager to escape.
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MechanicalMartelvip
· 8h ago
It's another such stalemate trend... the bullish traders who were making money have all run away, and those left are just holding on desperately, this is ridiculous.
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