#ETH走势分析 $BOB This wave around 0.217 is indeed a pretty good shorting opportunity.

Market observation: The resistance above this price level is quite strong, and several attempts to push up have been quickly suppressed and pulled back. More importantly, the trading volume continues to shrink, indicating a weakening willingness to buy and a clear lack of bullish momentum.

From a technical perspective, the short-term moving averages have already formed a death cross and are trending downward, with bearish momentum accumulating. This pattern of surging on increased volume followed by a pullback on decreasing volume often signals the formation of a local top.

I opened a short position at 0.217331, and so far the position is going smoothly. This kind of trend-following trade has a relatively reasonable risk-reward ratio. If it breaks below the 0.21 level in the future, the decline may accelerate, and I’ll adjust my take-profit strategy based on the situation then.