Ethereum 4-hour chart maintains a high-level fluctuation, with no further highs reached in the evening, but rather a contraction and consolidation!!🔥🔥🚀
Combining with the hourly chart, the Bollinger Bands are in a contracting state; the evening may see horizontal corrections below the early week's high. We will look at whether the adjustment space indicates strong consolidation or weak consolidation. Strong consolidation will primarily be in a sideways movement, while weak consolidation may be accompanied by a pullback in space.
Given the divergence of the moving averages, short-term caution is needed to guard against a spike followed by a drop. The volatility is significant, and the adjustment space should not be underestimated. In terms of operations, both high and low patterns provide opportunities.
Moving forward, Sweetheart believes the direction will lead fans into the market at the right position, ⬆️🚗: 777
