Ethereum (ETH) market encounters resistance at 4245 on September 30, what should be the next steps?

Currently, the 1-hour level has formed a clear "M top" pattern around 4245, and this position has become an important resistance area in the short term. The 4190-4200 range below currently provides support, but the two consecutive candlesticks in the early session have both closed with long upper shadows, indicating that the selling pressure above cannot be ignored. On the daily level, after the large bullish candlestick on September 29, the next day immediately saw a decrease in volume and formed a typical "pregnant line" combination. Currently, the previous high of 4245 and the daily EMA30 moving average (around 4281) together constitute a resistance zone.

MACD: A death cross signal has appeared on the 1-hour chart, indicating significant short-term pressure. The daily level #加密市场反弹 is still above the zero axis, but the red bars have been shortening for three consecutive days, with upward momentum weakening. RSI: The 1-hour indicator has fallen back from the overbought area to the 62 level, while the daily RSI is oscillating around 46, remaining in a neutral range. Moving Average System: The price is temporarily holding above the 1-hour EMA30 (4150) and EMA120 (4096), but the daily EMA7 (4162) and EMA30 (4281) are in a bearish arrangement.

Short term: After a significant breakout in volume during the early morning, the volumes continued to decrease, and the trading volume clearly shrank in the morning session. Daily: After a surge in volume, there is a sharp decrease in volume, and the divergence between volume and price is worth noting.

Operating Suggestions:
Long Position: Entry Level: 4150 USDT (Moving Average Support Area)
4100 USDT (integer threshold + technical support)
Stop-loss level: below 4080 USDT
Short Selling:
Intervention level: 4245 USDT (M top pressure)
4280 USDT (moving average resistance zone)
Stop-loss level: above 4300 USDT