ETH has been oscillating in a downward triangle for four hours, with lower highs and lower lows, and the range is narrowing. We are waiting for a breakout to choose a direction. Pay attention to this week's news and potential trend reversals.



The hourly chart shows a tug-of-war between bulls and bears, but the overall trend is downwards. KDJ is diverging downwards, and MACD is showing increasing bearish volume, forming a long shadow doji.

Idea: Short on the rebound. Short near 4350, pay attention to 4250.
ETH0.24%
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