10.21 Ethereum (ETH) market analysis reference) The Ethereum trend is linked to the overall market, and the coin price is also under pressure and pulling back. The price has once again retreated to the 3920 level, breaking the short-term upward rhythm. The intra-day support is slowly descending, and the trend is in a wide oscillation range of pullback. From the 4-hour level, after the price reached a recent high of 4085.3 and formed a long upper wick, it fell back to 3961, indicating heavy selling pressure above; on the hourly level, a double top structure is formed with 4049.51 and 4070.92, with the neckline at 4000. The current price has broken below the neckline, indicating further downside risk. In terms of technical indicators, the 4-hour MACD shows that the DIF (14) and DEA (-1) have formed a death cross below the zero line, and the MACD histogram has shrunk to 30, indicating that the downward momentum has weakened; meanwhile, the price has dropped below EMA7 (3991) and EMA30 (3963), while the 120-day moving average (4112) still exerts resistance from above, overall indicating a bearish short-term trend. Therefore, our thinking is to primarily focus on short positions, with some long positions as a supplement. The resistance above is around 4060, and the support below focuses on the 3850-3880 range. 10.21 Ethereum short-term reference: Test short lightly at 4030-4090, stop loss 30 points, target below 4000; test long at 3831-3891, stop loss 30 points, target above 3960. The article has a latency in sending, and the strategy suggestions are for reference only. Market conditions change rapidly; no matter how accurate your judgment of the market is, always manage your take profit and stop loss well, lock in profits #ETH反弹在即？ #巨鲸加仓2.5亿美元BTC #大额代币解锁来袭 $BTC $ETH .