From the current 4-hour chart, ETH’s bullish momentum has clearly weakened, and the bears are gradually gaining dominance. Technically, a short-selling opportunity window has emerged.
Key focus on the MACD indicator: the fast and slow lines have formed a bearish crossover, and the negative histogram continues to expand. This indicates that buying momentum is quickly fading, sellers are taking control of the market rhythm, and downward pressure is accumulating.
Trading suggestion for reference: consider opening short positions in the 3070-3100 range, with an initial target around the 3000 level.
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DefiPlaybook
· 12-09 06:38
According to on-chain data, the frequency of MACD death crosses is positively correlated with subsequent declines, with a historical success rate of about 68%. However, it's important to note that the failure rate of such technical signals during periods of high volatility should not be underestimated.
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MercilessHalal
· 12-07 04:51
There should still be a rebound after the death cross, right? I don't believe it will drop straight to 3000 just like that.
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rug_connoisseur
· 12-07 04:50
Still not running after a death cross? Last time I did this, I got completely wrecked.
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GateUser-40edb63b
· 12-07 04:33
The death cross has appeared. This short position looks promising. I'll try entering at 3070.
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BoredWatcher
· 12-07 04:23
The death cross has appeared, this time the bears are really about to make a move.
#ETH走势分析 Midday Ethereum $ETH Market View
From the current 4-hour chart, ETH’s bullish momentum has clearly weakened, and the bears are gradually gaining dominance. Technically, a short-selling opportunity window has emerged.
Key focus on the MACD indicator: the fast and slow lines have formed a bearish crossover, and the negative histogram continues to expand. This indicates that buying momentum is quickly fading, sellers are taking control of the market rhythm, and downward pressure is accumulating.
Trading suggestion for reference: consider opening short positions in the 3070-3100 range, with an initial target around the 3000 level.