Conclusion: Recently, after reaching new highs for ETH, there has been a rapid pullback, with a central structure being formed in the hourly cycle. The oscillation range is 4360-4500. Within this range, buy low, sell high; if the range is broken, follow the trend. The strategy is to go long near 4360, with a target of 4500.
Short near 4500, target 4360
Price Trend Analysis
K-line pattern:
1-hour level: Recently, a long lower shadow (4368-4433) appeared, indicating bottom buying support, but the subsequent rebound was hindered in the 4450-4500 range, forming a local consolidation.
Daily level:
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