Intraday prices continued to decline further, and the short positions I arranged yesterday were stopped out. Based on the current situation, there is potential for further downside movement in the evening session. Intraday has not shown obvious strong bullish volume expansion and rebound. In the evening, I'll wait for the short volume to complete before looking for long entry positions again. What we lost yesterday, we'll make back today.

From a technical structure perspective, the 4-hour support level has been broken. A clear downtrend channel has formed, and the prolonged sustained decline has not seen a counterattack. The next support level may form at a completely new position, otherwise it could go down to around 1900 to find a position. Currently, the MACD on the daily timeframe is showing signs of forming a death cross.

Ethereum suggestion: Arrange long positions after short volume completes. Aggressive traders can consider shorting at higher levels #加密行情震荡