$ETH 📊 April 4 ETH Market Analysis & Strategy

ETH 🌍:
After a sharp pullback and consolidation from the high of 2084.02 in the short term, the current price is around 2051.15. The price is trading near the middle band of the Bollinger Bands at 2052.87, with the upper band at 2057.71 acting as short-term strong resistance, and the lower band at 2048.03 as a key support. Overall, it is in a consolidation with a slight bearish bias; MACD shows a small decrease in green bars, with DIF(-0.19) and DEA(-0.04) both below zero, indicating that bearish momentum has slowed temporarily, but bullish momentum is weak, and the rebound space is limited.
• Bearish logic: The price repeatedly tests the upper band at 2057.71 and pulls back under pressure. If the volume increases and it breaks below the middle band at 2052.87, a new downtrend will be confirmed. The first target zone is 2040-2030; breaking below that points to key support at 2015-2000. The upper band at 2057.71 is a strong resistance; if the rebound fails to break through, the downtrend will continue.
• Bullish opportunity: If the lower support at 2048.03 holds effectively, and MACD green bars decrease and turn upward with a golden cross, there may be an oversold rebound, targeting the 2070-2080 range. If the rebound faces resistance, the downward trend will persist.
🎯 Double Coin Strategy (Bearish Bias)
• Short entry zone: 2055-2060
• First target: 2040
• Second target: 2030
• Stop loss: 2065