#以太坊行情技术解读 $ETH Technical Analysis: Short-term Resistance Signals

Ethereum USDT trading pair is currently quoted at 3200.66, with a 24-hour increase of only 0.580%, and the overall market is in a slow-moving oscillation pattern. Support is seen around 3189.34, while resistance is at approximately 3252.15. From a short-term trend perspective, the bulls and bears are in a tug-of-war, but the bears hold the advantage.

A quick look at technical indicators reveals this weakness. The moving averages show MA5(3237.48) has already fallen below MA10(3242.14), indicating a short-term shift toward a bearish trend, with a clear bearish alignment. The MACD shows DIF(1.99) being pressed down by DEA(2.28), and the histogram has turned negative, indicating that short-term momentum is indeed waning.

The Bollinger Bands are currently narrowing (bandwidth only 0.02%), with the price below the middle band. The %B value is 0.34, indicating proximity to the lower band. Such an extreme position could lead to a rebound, but considering the overall market sentiment, the rebound potential is limited. The RSI is below 50 across the board (RSI6=37.54, RSI12=47.17), not yet in oversold territory but showing weakness. The KDJ indicator shows K(43.69) below D(51.13), and J has dropped to 28.83, suggesting the possibility of further downside in the short term.

Market funds also appear to be withdrawing. The funding rate is at 0.002618%, indicating a neutral to slightly bearish sentiment. However, volume data shows a clear pattern of increasing sell-off, with volume and price movements pointing toward bearish dominance. More concerning is the continued net outflow of funds: 1-hour net outflow is 192 million USDT, and the 4-hour net outflow exceeds 540 million USDT, indicating significant capital withdrawal.

**Trading Strategy**: Currently, cautious short positions can be considered, with the possibility of entering on dips around 3230-3240 in batches. Stop-loss can be placed at around 3275 (roughly 2.3% loss), with targets set at 3180-3150. The expected profit margin is approximately 3-5%.

Key Reminder: This is purely a technical analysis and does not constitute investment advice. The market is near a critical support level, so risk management must be prioritized. Avoid overleveraging. If the price effectively breaks above 3275, then a reassessment of the market condition is necessary.