Reviewing yesterday's midday article, I suggested a short-selling strategy. In the early hours of today, the price of the coin dipped to around 2870. Currently, it seems that Ethereum's support level is around 2880, which means it did not effectively break below this level after yesterday's test. Looking at the market, from the daily technical indicators, both the KDJ and MACD indicators are in a state of resonant decline today. The three-day moving averages are all arranged in a bearish pattern, and the 30-day moving average has sharply turned down, which is consistent with yesterday's technical analysis. We will continue to maintain a bearish outlook during the evening and early morning, and the strategy is to short at high points.

From the 4-hour technical indicators, the KDJ indicator's three lines are turning downwards, while the MACD and BOLL indicators are continuously pressing down. The short-term three-day moving averages are clearly arranged in a bearish pattern, and the DIF and DEA indicators are also moving down together. Considering both the daily and short-term perspectives, the recommendation for tonight and early morning is to primarily short on rebounds.

Finally, I personally expect that during the evening and early morning, the price will likely experience a volatile decline. The technical aspects have not changed much from yesterday, so the bearish outlook remains for tonight. For those seeking stability, it is still advisable to gradually position short orders at high levels.

The above is my personal analysis of the evening market, for reference only. Specific points and directional changes should be based on real-time guidance.

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