Wednesday night thoughts

In the short term, the market may once again test the 4-hour previous low support, with the 91500 area becoming the current focus.

Ethereum’s consolidation phase at the 1-hour level is relatively long. Despite the gains over the weekend, the upward slope did not strengthen significantly, indicating a modest upward trend. However, as the price approached the previous 4-hour high near 37, it encountered resistance and fell directly below multiple previous support levels.

Currently, Ethereum has returned to the volatile consolidation range last week.

The market may maintain narrow fluctuations within the current level and wait for the moving average system to level off before gradually testing the pressure area above;

Suggestions for evening operations

The market is empty near 96500-96800, look at 94500-93000

Ether is empty near 3400-3450, look at 3300-3250