Detailed analysis of Ethereum trends and suggestions for sound trading strategies (February 26th):

Ethereum's 4-hour chart shows a high-level consolidation pattern with a slight upward bias, currently in a phase of profit-taking and support testing following yesterday's sharp rise, closely tracking Bitcoin's movements. Last night, it broke through the $2000 mark with significant volume from around $1850, forming a strong rebound structure; currently, it's consolidating around $2050, with bullish momentum not fully released, but selling pressure is evident above. Analyzing the 4-hour Ethereum price trend, the MACD shows the DIF line consistently above the DEA line, and the MACD histogram is positive and expanding, indicating strong bullish momentum and an upward trend. The RSI is at 69.87 on the 4-hour chart, approaching the overbought zone of 70. The RSI has previously been near the overbought zone for several candlesticks, indicating a current strong trend. EMA: On the 4-hour chart, the current price (2069.28) is above the EMA7 (2035.56), EMA30 (1962.57), and EMA120 (2059.32), and the moving average system is in a bullish alignment, providing dynamic support for the price. Key levels (short-term): Support: $2030-$2040 (morning low + psychological level); strong support $1980-$2000 Resistance: $2100-$2120 (densely traded area); strong resistance $2146-$2200 (previous high + psychological level) Trading suggestion for 2/26: It is recommended to enter short positions on Ethereum when it rebounds to around $2080-$2100, with a target price of $2040-$2000. Hold short positions if it breaks below $2000! This strategy is time-sensitive; implementation will be based on free guidance.