#以太坊行情技术解读 Ethereum Short-Term Trend Analysis | $ETH Technical Perspective



From the high of 3446.12 down to 3142.92, followed by a rebound to recover to 3229.00, returning to yesterday’s range. However, this rebound appears somewhat weak—selling pressure is too strong, and each attempt to break upward encounters significant resistance.

Looking at the technicals, it resembles the right shoulder of a head-and-shoulders pattern forming, indicating a short-term bearish bias. The price repeatedly tests the 3200 to 3250 zone, with the MA144 and MA169 moving averages both below the price, providing no effective support. During the rebound, trading volume continues to shrink. Bulls need clear momentum to break through resistance, but currently, this is lacking.

A key detail is that whenever the price tests previous resistance levels, there are signs of fund outflows. Market participants tend to sell when prices rise, and no significant bullish capital is seen to absorb the selling. Under this pattern, selling pressure further suppresses upward movement.

Trading strategy: Consider short positions around 3280 to 3330, with the first target at 3180, and if broken, then focus on 3130.
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MEVSandwichvip
· 12-14 14:20
The right shoulder of the head and shoulders pattern has formed. Now the bears have something to do again; the selling pressure is really fierce.
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BlockDetectivevip
· 12-14 14:15
Head and shoulders top, is the right shoulder forming? It's the same old trick again, always acting like it's real... Let's wait until it breaks 3180 before talking.
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FarmHoppervip
· 12-12 05:24
It's the same head and shoulders pattern again, such a cliché... Insufficient volume really makes it hard to break out, the bears are in the lead.
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MetaMuskRatvip
· 12-12 02:10
The right shoulder of the head and shoulders pattern is coming again. It's always the same story, retail investors are still holding the bag.
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GhostAddressHuntervip
· 12-12 02:05
With such shrinking volume, the bulls really have no chance.
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DataChiefvip
· 12-12 02:02
The head and shoulders are formed on the top of the right shoulder, this wave of rebound is really weak, the volume can be so withered, how can the bulls break? I'm still bearish
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OnChainSleuthvip
· 12-12 02:02
The right shoulder of the head and shoulders pattern is taking shape, this rebound really doesn't have much strength.
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AirdropHunter007vip
· 12-12 01:56
Once the head and shoulders pattern appears, I know it's over, and I have to cut my losses again... The weak rebound is clear just by looking at the trading volume—retail investors are bottom-fishing while the bulls are fleeing. There's no way to play this game.
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GweiTooHighvip
· 12-12 01:51
The right shoulder of the head and shoulders top is forming. This rebound really has no momentum; trading volume has completely dried up.
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OneBlockAtATimevip
· 12-12 01:46
The right shoulder of the head and shoulders pattern has formed, volume has diminished, and funds are dumping at high levels... This combination of tactics favors the bears all the way, see you at 3180.
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