#ETH

ETH Market Analysis (4H)

Now let's take a look at the market trend of Ethereum, which is also in a sideways movement within the Fibonacci range of 0.382 and 0.236, specifically in the range of 3270-3430. Early this morning, there was a brief test near the 3430 position, but it did not break through. Currently, it is still moving sideways within that range, and tonight these two levels should be particularly noted!

In terms of trend: This wave of bottom sideways movement shows a small-scale triangular consolidation pattern, and it has reached a crucial breakout zone. We also need to pay attention to the resistance at the rebound high point of 3560 above, as this will determine the market direction for the upcoming period. It's time for Ethereum to be strong!