#ETH# [ETH Ethereum 1-hour chart]

Current trend assessment:

The trend line has turned red, and the price has dropped below the short-term support line.

The indicator "short" signal continues to appear;

The support band for the bulls is attempting to stop the decline near the lower edge.

Key resistance level:

3634 (previous high + short signal)

Range of 3655–3680 (upper edge of the trend reversal zone)

Key support level:

3510 (previous low support)

3450 (trend lower band)

Operational Recommendations:

Mainly in the high: If there is a rebound to the 3620–3650 area, combined with a weak K-line reversal pattern or a significant increase in volume with stagnation, you can attempt to short with a light position.

Cautious on low buys: If the short-term dips to 3510, you can try to bet on a rebound, but be careful to set the stop loss below 3450;

Breakdown confirmation: Once it falls below 3450 and the trend line continues to expand the red zone, the target looks down to 3300.

Note:

If there is a false breakdown with a long lower shadow and increased volume, pay attention to the short-term rebound rhythm.

Avoid frequently entering and exiting in a consolidation zone; wait for a valid test before taking action.