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On chain insights
Crypto Newbie
09-04 20:26
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The price continued to decline throughout the day, reaching a low near 4330, but support from below quickly pulled it back. As the chart shows, ETH repeatedly fought around the 4400 level during the evening, clearly showing signs of a bull-bear game. My personal feeling is: Bulls have established themselves above 4350, confirming short-term support. However, the upward pressure from 4420-4450 is strong, and further volume is needed to successfully break through. Tonight, ETH will likely fluctuate between 4350-4450, awaiting a directional move. If bulls can hold 4400 and break through with significant volume, there's a chance they could test 4500. Conversely, if they can't hold 4400, they may have to retreat to 4350. At this point, blindly chasing the trend is not recommended; wait patiently for a clear direction. The next flight is about to depart; it depends on whether you can catch it!
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Icon以太坊K线分析Icon以太坊IconETH
ETH
-3.14%
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