$ETH Happy Saturday everyone! After experiencing a significant rise last night, the market has entered a phase of high-level fluctuations and consolidation. This morning, we also provided everyone with flexible layout suggestions within the range, which has good potential. Currently, Bitcoin is fluctuating around the 94,500 line, while Ethereum is bouncing around the 1,790 mark, but the volatility is not particularly large and is showing a trend of continuous reduction.

On the four-hour chart, the trend is slightly advantageous, but the volume is low and the speed is slow; the technical indicators on the hourly chart show divergence, which has led to a continuous slow decline in the lows. If it breaks below 94,000, it will test the 93,000 line. Additionally, with the continuous contraction of the range, the upward pressure is becoming more serious, and the fluctuation range is shifting down and shrinking, making it difficult to break out effectively. The fluctuations will become a reflection of the intraday white plate.

In the short term on the Silk Road, sell high and buy low within the range, take some profits but don’t be greedy, the range is as shown in the picture below.

Follow Dong Ge closely, with precise strategic analysis and massive investments in AI big data to ensure we remain undefeated. The market never lacks opportunities; the question is whether you can seize them. By following experienced and the right people, we can earn more!