# ETH Trend Analysis

**Candlesticks and Trading Volume:**
The daily chart closed with a large bearish candle, which has a significant impact on the bulls and forms a evening star bearish pattern. But there’s no need to panic. Currently, this is the first pullback after the price broke through the resistance around 2165. The 2165 resistance level has now turned into support, and in the short term, this resistance remains effective. This position is suitable for medium- to long-term trading, with a stop loss placed around 2060. In the short term, you can consider long positions based on support near 2165.

**Moving Averages:**
The 60-day moving average faces resistance at 2232. Daily moving average supports are at 2159, 2078, and 2036. The support levels on the 4-hour chart are at 2134 and 2065, with resistance around 2242 and 2270.

**MACD:**
The 4-hour MACD shows a bearish crossover, with the energy bars slowing down, indicating a temporary pause in the decline. The 1-hour MACD has formed a golden cross, suitable for ultra-short-term long trades.

**Bollinger Bands:**
The daily Bollinger middle band support is at 2078, with the upper band resistance at 2311. The 4-hour Bollinger bands are currently holding support. You can consider long positions with a stop loss at 2150, targeting the 4-hour middle band.

Under the current market conditions, the downward trend is relatively strong. For now, these three resistance levels are sufficient to monitor.

**Personal Advice (for reference only):** The daily uptrend has been severely impacted. Do not blindly expect further gains. The short-term market is ranging, so employ high-sell, low-buy strategies for ultra-short trades without a clear directional bias. Wait patiently for the short-term consolidation to end, then trade with the trend.