#GT 10.23 Ethereum (ETH) market analysis reference) The intraday trend of Ethereum has reversed upwards but has failed to test, and the current price is running around 3820. The upward momentum in the short term has weakened, and the trend has pulled back into a weak range of oscillation, with no signs of breaking out yet. Recently, the 4-hour level has shown continuous Bearish lines, with the price falling from around 4100 to 3815, forming a descending channel; the 1-hour level is oscillating in the 3780-3860 range, with short-term low-level oscillation. From the perspective of technical indicators, both the DIF and DEA of the 4-hour MACD are below the zero axis, and the histogram is continuously expanding, indicating that short-term short positions are strengthening; at the same time, EMA7 (3864) has crossed below EMA30 (3925) forming a death cross, while the 120-day moving average (4074) constitutes strong resistance above, thus the overall trend is still bearish. Therefore, our strategy is to short high and long low. The resistance above is focused on the 3960-4100 range, and the support below is focused on around 3730. 10.23 Ethereum short-term reference: Test lower at 3950-4010 for light shorts, stop loss 30 points, target below 3900; test upper position at 3661-3731 for longs, stop loss 30 points, target above 3810. There is latency in sending the article, and strategy suggestions are for reference only. The market changes rapidly, regardless of how high the judgment of the market is, stop profit and stop loss must be well managed, lock in profits #ETH反弹在即？ #巨鲸加仓2.5亿美元BTC #美联储将召开支付创新大会 $BTC $ETH $GT