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

Ethereum's short position was perfectly timed yesterday, resulting in a successful profit-taking exit! Today's strategy can continue to follow this approach. Ethereum is currently trading in a narrow range around $2020. After reaching a high of $2146 yesterday, it fell back, then dipped to $1976 in the early morning before rebounding, with the $2000 level being repeatedly contested. The four-hour chart shows alternating small bearish and bullish candles with low volume rebounds, indicating insufficient bullish momentum and a weak bottoming pattern. It is highly correlated with BTC; if BTC weakens, ETH will face more significant pressure. The Bollinger Bands show the price falling back in the upper half, approaching the middle band (around $2000), narrowing and oscillating without a clear direction. The MACD bullish momentum is shrinking, the histogram is narrowing, and the fast and slow lines are turning downwards, indicating a four-hour downward bias. Trading volume rebounded moderately, without exceeding the volume seen during the decline, indicating a low-volume rebound and unreleased selling pressure. Short-term moving averages are flattening/turning downwards, with $2040-$2050 as short-term resistance and $1970-$1980 as strong support. Key resistance levels: 2040–2050 (first resistance) → 2080–2100 (strong resistance) → 2146 (previous high). Support levels: 1970–1980 (strong support) → 1950 (key support) → 1900 (breakout target). Conservative trading advice for February 27th: Consider shorting Ethereum around 1980-2000, with targets at 1950-1920-1900. Hold short positions if the price breaks below 1900! Watch for support around 1860!