#ETH走势分析 The market provided a fairly clear answer in the early morning session. After touching 90,460, Bitcoin reversed and plunged all the way down to 87,976 before taking a brief pause. Ethereum was not spared either, diving from around 3,110 and hitting a low of 2,980. This downward move was smooth, with market sentiment clearly leaning bearish. Our bearish outlook from the early morning was validated: Bitcoin short was entered at 97,904 and exited at 88,363, capturing a 2,600-point profit; Ethereum was shorted at 3,008 and closed at 3,000, netting 130 points from the swing.

The technical signals are actually quite clear right now. On the four-hour chart, three consecutive bearish candles have broken support, and the price has dropped below the lower Bollinger Band, with moving averages showing a textbook bearish setup. The hourly chart is even more direct—a brief consolidation was followed by another high-volume drop, and any rebound momentum has been pretty much exhausted. Bears are clearly in control, and there’s been little sign of meaningful support during the pullback, with market panic not yet fully released.

In this environment, the risk of counter-trend bottom-fishing is quite high. In trading, getting the direction right is always more important than frequent operations. The trend is still ongoing, bearish momentum remains strong, and following the trend is the proper way to accumulate profits. At this stage, continuing to look for short opportunities is more in line with market logic.

Here are some operational references:
For Bitcoin, look for short opportunities in the 90,000–89,500 range, with an initial target around 88,000.
For Ethereum, watch the resistance in the 3,060–3,030 range, with a target near 2,950.

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