Detailed analysis of Ethereum trends and suggestions for sound trading strategies (January 27th):

Ethereum is showing a weak, oscillating pattern on the 4-hour chart, with the price fluctuating between $2910 and $2940. Rebound momentum is insufficient, indicating a short-term bearish bias. Close attention should be paid to the breakout of key support and resistance levels. Analyzing the 4-hour Ethereum price trend, the daily candlestick pattern shows that the price recently rebounded rapidly from $2816.90 to $2930.35 before falling back, currently oscillating around $2906.77, forming a short-term high-level consolidation. The 4-hour candlestick chart shows several consecutive bearish candles, currently in a slight downtrend, exhibiting overall weak consolidation. The 4-hour MACD's DIF and DEA are both negative, but the histogram is shortening, indicating weakening bearish momentum; the daily MACD remains below the zero line, indicating a generally bearish trend. The 4-hour RSI is 43.90, close to the neutral zone and not yet in oversold territory; the daily RSI is gradually declining, indicating weak market sentiment. EMA: The 4-hour EMA7 (2915.47) has been broken, and the EMA30 (2943.93) is putting pressure on the price; the daily EMA7 and EMA30 are both diverging downwards, confirming a downtrend. Key support: 2880-2900 (the lower edge of the recent consolidation range, tested multiple times without a significant break; if broken, look to 2840-2870, with strong support at 2750-2780). Key resistance: 2940-2950, 2980-3000 (a key level; a break above this level could open up upward potential, targeting around 3060). Ethereum conservative trading advice (January 27th): Short positions are recommended around 2910-2930, with targets at 2870-2840-2800. If the trend breaks below 2800, continue holding short positions with targets at 2770-2750-2720.