# ETH Short-Term Trend Analysis

Currently, Ethereum is priced at $2981.81, and the Market Fear Index (FGI) has fallen to 21, indicating an extreme fear zone. From a technical perspective, the high-level consolidation shows clear bearish characteristics.

## Current Technical Indicators

The MACD has formed a death cross, with the 5-day moving average crossing below the 20-day moving average, indicating that bullish momentum is rapidly waning. More importantly, there is a divergence between the price and MACD at the top, which usually signals short-term downward energy accumulation. The market sentiment and technical signals both point to a bearish outlook, providing strong support for the bears.

## Trading Recommendations

**Short Entry**: Wait for the price to break below the 2960 support level; after forming an effective break at around 2955, consider entering a light position.

**Take Profit Targets**:
- First stage: 2945-2950 range
- Second stage: 2915-2920 range

**Stop Loss**: Set above 2975-2980.

## Risk Warning

Technical analysis is based on comprehensive judgment from four timeframes. Market conditions change in real-time, and the analysis results may have time lag. Actual operations should be adjusted flexibly according to the latest market data, and proper risk management should be implemented.