#加密市场反弹 ETH experienced a rise yesterday, reaching a high of 3397.

The highest correction demand at the monthly level is around 3650.
The weekly chart remains bearish, the correction for MA10 has been satisfied, and MA10 and MA30 are crossing deathly. The pressure level is at 3500. All indicators are moving from overbought to neutral zones.

The daily correction demand after the rise is at 3215, currently the price is at the upper band of the Bollinger Bands, coinciding with the upper band. All indicators are in the overbought zone.

The 4-hour Bollinger Bands have moved from the overbought zone back to the normal zone. RSI is still in overbought status. Short-term remains bullish.

The 1-hour trend is bullish, with KDJ and RSI both overbought, but MACD has crossed deathly, volume is decreasing, indicating the beginning of a divergence from the price trend.

The 30-minute and 15-minute price movements are oscillating, with prices above MA30. The oscillation range is still narrowing, within 3335-3305.

The Fibonacci retracement levels of this rally are 382 at 3280, 50% at 3245, and 618 at 3210.

The recent support for the candlestick is at 3238.

Considering the news influence early tomorrow, there won't be much volatility during the day. Personal opinion: there is room for decline, then the rally tonight may be fulfilled. After the rally, Powell's speech is likely to be hawkish.
Treat daytime trading as oscillation.

The 1-hour Bollinger upper band is closing, price is being compressed, currently at 3430. No divergence has led to a new high.

Summary of today's trading plan:
Short based on correction demand
Entry at 3340-3345, target 3220, stop-loss 3380.
After shorting, depending on the situation, consider long positions at low levels between 3180-3240, with a target of 3420.
The article is published with a delay; the market is ever-changing, so the above suggestions are for reference only. Trade at your own risk!