Ethereum Short-Term Trend Observation
On the 4-hour chart, Ethereum's technical outlook continues the same approach as yesterday—maintaining a neutral stance for now. The current price level does not meet my trading system requirements, and there is not enough certainty for either long or short positions, so I choose to stay on the sidelines for the time being.
The key entry opportunity is here: if Ethereum can pull back and stabilize within the support zone of 2900-2870, then the long entry becomes clearer. Conversely, if it directly pushes upward, I will focus on whether it can effectively break through the 3050 resistance level. Whether the breakout is genuine or false, the market will provide the answer. That will be the next decision point for my actions.
On the 4-hour chart, Ethereum's technical outlook continues the same approach as yesterday—maintaining a neutral stance for now. The current price level does not meet my trading system requirements, and there is not enough certainty for either long or short positions, so I choose to stay on the sidelines for the time being.
The key entry opportunity is here: if Ethereum can pull back and stabilize within the support zone of 2900-2870, then the long entry becomes clearer. Conversely, if it directly pushes upward, I will focus on whether it can effectively break through the 3050 resistance level. Whether the breakout is genuine or false, the market will provide the answer. That will be the next decision point for my actions.
