Detailed analysis of Ethereum trends and suggestions for sound trading strategies (January 25th):

Ethereum is currently trading in a narrow, weak range on the 4-hour chart, with the price around 2932. It has fallen 0.8% in the last 24 hours and is poised for a directional move, with the key level to watch being the breakout direction from the 2920-2960 range. Analyzing the 4-hour price trend, the candlestick pattern shows a downward trend with gradually decreasing highs and lows. Several small bearish candles have appeared on the daily chart, indicating that bears are in control, although the volatility has weakened. MACD: The 4-hour chart shows both the DIF and DEA lines below the zero line, with the DIF slightly rising but still failing to break through the DEA, indicating the downtrend has not yet reversed. RSI: The 4-hour RSI is 36.68, close to oversold territory, suggesting a possible short-term rebound, but with limited strength. EMA: The current price is below the 7-day EMA (2945.31), with the 30-day EMA (2993.73) and 120-day EMA (3094.30) providing significant resistance, indicating a bearish trend in both the short and medium term. Support levels: First support is $2920, strong support is $2900. If it breaks below $2900, the next key support level is $2865. Resistance levels: First resistance is $2960, strong resistance is $2980. If it breaks above $2980, it may further test the $3000 mark. Ethereum stable strategy sharing (January 25th): It is recommended to enter short positions in Ethereum around 2940-2960, with target prices of 2900-2860-2820. This strategy is time-sensitive; implementation should be based on free guidance.