During the weekend, the market tends to oscillate within a range. Everyone should try to do less and observe more over the weekend, reduce trading frequency, and restrain themselves!!

From the daily chart perspective, KDJ and MACD are still oscillating around the mid-axis, and although ETH has dropped to the lower Bollinger Band, the lower band has not opened (which indicates that the downward space is also limited by support); in the main chart, MA5 and MA10 are slightly declining, but MA30 has not shown any correlation. Technically, today’s intraday analysis is quite contradictory. It is expected that the intraday will primarily be range-bound without significant movements.

From the 12-hour chart perspective, KDJ, MACD, and BOLL are in sideways oscillation; the main chart’s MA for the three-day moving averages continues to converge, which is a technical indication of oscillation. As for the analysis from yesterday regarding the southward gap repair, today's approach will slightly change because the main K-line of BTC on the weekly chart has a downward needle, and it is attempting to return above the five-day moving average (this change has introduced some variability into short-term technical analysis); additionally, the monthly chart for BTC also shows a downward needle. Although the gap has not been fully filled, if it continues to rise with volume, the five-day moving average will also actively converge towards the current K-line. Therefore, on the monthly level for BTC, it can be said that it has been repaired. Next, we will wait for the oscillation to pass this weekend, and it will be relatively safer to make follow-up judgments next week.

In summary: I personally expect that there will not be significant fluctuations in ETH today. It will likely oscillate within the narrow range of 2550-2420. I do not recommend trading today; it’s best to restrain yourself! For those with positions, just ensure proper stop-loss and take-profit measures!#ETH