10.11 Yufu midday ETH analysis:

Bollinger Bands: The closing state reflects a contraction in short-term volatility, with the long and short positions entering a temporary equilibrium period. The subsequent breakout direction needs to focus on the range breakdown (breaking above 3930 or below 3750);
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K-line structure: Yin and Yang alternate frequently, lacking clear trending K-line combinations, further confirming the oscillation pattern. Short-term trading needs to focus on "high selling and low buying within the range" or rely on breakouts from the range to extend the trend.
It is recommended to short ETH in the range of 3880 - 3930, targeting 3750 - 3600. The logic is similar to Bitcoin, positioning short orders against the short-term rebound resistance zone for Ethereum, with the target pointing to the medium-term support range.