ETH once again surged intraday to test the previously mentioned POC and completed a classic 2B pattern.
Intraday profit-taking is also beginning to be realized. A potential M-top is forming on the 4H level. Before breaking the key support of 4150, we will first look for high-level oscillation.
Treat high short and low long positions with a short-term oscillation mindset.
The key resistance and support interchange level at the daily level is 4050, which serves as a crucial dividing line for major long and short positions.
Resistance levels above: 4260/4310/4330/4414/4458
Support levels below: 4153/4120/4080/4050