#密码资产动态追踪 Take a look at $ETH's recent performance on the four-hour chart — it rallied to the upper Bollinger Band and then got knocked back down. The current situation is somewhat awkward: the price has already broken through the midline and continues drilling downward. The Bollinger Bands have compressed overall, showing signs of convergence, which indicates that the bears are truly in control. The technical picture offers nothing impressive either, with all indicators weakening, and the trend direction clearly leaning toward a downside.

From a live trading perspective, how should we view this? Keep an eye on the morning rebound to the 3170–3190 range. If $ETH rebounds to this level, it would be a good entry point for going short. If it drops, the next support to watch is the 3100–3070 area — this range is critical. The bears are still in command, and we need to wait for clearer reversal signals before changing our stance.