ETH has presented a noteworthy shorting opportunity on the 4-hour chart.

The current price is at 3396.605, with multiple bearish signals stacking up technically. The RSI indicator has entered the overbought zone (>65), indicating that short-term upward momentum is weakening. The price is also at the upper 25% of the recent range, combined with resistance from moving averages, limiting the upside potential for bulls.

The technical strength score reaches 81/100, valid for 480 minutes. From the order book, the buy-to-sell ratio is only 0.35:1, showing that the bearish force is relatively stronger. Volume is subdued and decreasing, with a main volume ratio of only 0.4, creating a contrast between stable price movement and insufficient volume—often a sign of a potential reversal.

For trading strategy, a light position entry (0.8%) is recommended, with a stop-loss set at 3484.706. The risk from this point to the entry price is only 2.59%, keeping risk tightly controlled.

Take-profit targets are divided into three stages: first aiming for 3264.453 (risk-reward ratio 1.5:1); if the price continues downward, target 3176.351 (risk-reward ratio 2.5:1); and the ultimate target is 3044.199 (risk-reward ratio 4.0:1). The Fibonacci 0.618 level near 3274.928 can serve as a reference.

It should be noted that the probability of success is around 53%—meaning this is not a high-probability signal, but rather a moderate-confidence opportunity. The market is currently in a consolidation phase, with a long-short ratio of 1.26:1, and sentiment is neutral leaning slightly bullish. The ADX strength is 37.7, indicating a weak trend, so such signals are relatively reliable in a ranging market.

Risk warning is very important: crypto markets are highly volatile, and strict stop-loss execution is essential—do not rely on luck.