ETH Morning Trend Observation:

Looking at the 4-hour chart, the price surged higher and then started to face pressure, continuously declining. Short-term bearish momentum is still being released, having already broken through the mid-band support, now moving along the lower band.

The Bollinger Band is tightening, with very clear bearish signals. K-line, MACD, RSI and other indicators are all showing weakness, with no signs of a bottom in the structure - rebounds are like fireworks, appearing only to be immediately knocked back down.

The current strategy is straightforward — continue looking for rebound opportunities to go short. When price rebounds to the 3170-3190 range, consider setting up short positions. If successful, watch for the 3100-3070 area below.

The key to trading is to follow the trend, don't be greedy, control position sizing and rhythm well, and let the market develop on its own. The biggest mistake at times like these is being too impatient.