Ethereum Recent Trend Analysis

From the daily chart, ETH faced resistance after rallying to the upper band and then pulled back. The resistance at the upper band is clearly evident. However, it is important to note that the KDJ indicator's three lines have entered the overbought zone and are showing signs of turning downward—this usually indicates that short-term correction pressure is building.

Regarding MACD, although the red histogram is still present, there is a detail worth paying attention to: a clear bearish divergence has appeared between the price and the indicator. In other words, the price is making new highs while the indicator is weakening, which often signals a potential reversal.

Overall, the upward momentum on the daily level is weakening, while the bearish forces are quietly accumulating.

Based on the above analysis, my personal view is as follows (risk management is very important, remember to set strict stop-losses):
- Consider short positions around 3185
- If the price surges to 3240, consider adding to your position
- The initial target below is 3100, then 3030

For reference only, trade cautiously.