After the Ethereum ETF started trading, the market did not rise as expected, but instead ushered in a short-term correction, but this will not affect the subsequent trend. Apart from other things, just talking about the inflow of funds into the Ethereum spot ETF, we know that there will be no big drop. The correction is just a violent long-term inducement to short-term, because there are too many people who are long.

Today, let's analyze the short-term market of Ethereum in four hours:

1. This four-hour correction of Ethereum just stopped falling near the support level formed by the bottom oscillation range of the last time, which shows that the support below is effective.

2. After stopping the decline, it experienced a rebound. During the rebound, the volume of bulls gradually shrank, and at the same time, it came to the pressure level formed by the BOLL middle track and began to oscillate. Under normal circumstances, the market will trigger a correction when it reaches the BOLL middle track.

3. A cross evening star pattern appeared in the last four hours, but the bears did not increase their volume, which means that although there is pressure from above, the pressure is not very large.

4. At present, a "rectangle" has been formed. The rectangle belongs to a continuous pattern, and the long and short positions are shrinking within the rectangular pattern. This is not a precursor to a deep correction.

5. After ETH stopped falling, the current short-term trend is upward. Under this background, the fluctuation is just accumulating strength, and there is no sign of strong short positions.

Judging from the clues of the above points, the current strength of ETH bulls is stronger than that of bears, and it will continue to rise.

The four-hour market changes very quickly. Short-term profits should be closed when they are good. You cannot let yourself be trapped because of greed. Short-term profits require capital utilization, so you must be willing to stop profits and dare to stop losses, otherwise the meaning of short-term trading will be lost. #美国PCE通胀放缓 #美联储何时降息？ #山寨季何时到来？ $ETH $SOL