🔥 ETH Current Key Position Analysis in Bull-Bear Tug of War
Currently, ETH's trend resembles a tug-of-war
Both bulls and bears are fiercely pulling at several key positions
You must keep a close eye on these points
Upper Bear Defense Line
The first line is around 3940
This is the last barrier for short-term bears
Breaking through here will test 4040
The 4040 position is very crucial
It can be said to be the bears' Maginot Line
Lower Bull Lifeline
3800 is the bottom line for bulls
If the four-hour chart breaks this position
It basically announces the end of the rebound trend
Next, it may likely retrace near 3750
Current Operating Strategy
The overall trend is still leaning strong
But remember the key number 3941
Don’t mindlessly chase longs before it breaks
Bears, don’t rush to heavily short either
My suggestion is
If it stands firm at 3850, consider light long positions
Be cautious near the 3940 range
Only breaking through 4040 can confirm a new trend
Before that, maintaining flexibility is the most important
Remember
The market is always changing
But key positions won't lie
Make a plan and stick to it
Don’t let emotions dictate your actions
