The long-short meat grinder at 4300 is starting! ETH's lifeline exposed: Break above 4330 and go long with closed eyes, break this position and cut losses immediately!

Today is a 'sandwich cookie' market: ETH is stuck between 4300 and the upper 4330 in this small area. The short-term direction is unclear, just sideways oscillation.

See who breaks the balance first:

Going up: If it can break through 4330 with volume (meaning a large influx of buy orders), especially rushing to the key area of 4360-4380, then it will be relatively 'bullish' in the short term, with a chance to push up.

Going down: If the 4300 mark is effectively broken (for example, closing significantly below it, and buy orders below are very weak), then it may test the more important bottom support at 4250.

Continue to grind: If there’s no significant movement, just continue to hover back and forth in the small range of 4300 - 4330, which is just wasting time.

Operation suggestion: Don’t act rashly now: The current position is neither up nor down; blindly chasing highs and lows carries a high risk.

For those who want to go long: It’s best to wait until the price stabilizes above 4330 (especially with a significant breakout) before making a move, or consider it if it stabilizes around 4300 (multiple dips without breaking) again, with targets looking at the upper resistance levels (4330 or even the previous high of 4370).

For those who want to go short: If you find that 4300 has been broken with volume and there’s no pullback, it may head towards 4250, so consider a short. Or if the price rebounds to around 4320-4330 and shows weakness, you can also consider a short, targeting back to 4300 first.

Be cautious of breaking the bottom line: If it reaches 4250 and still can't hold, it may lead to a significant drop, and bulls should quickly stop losses or adjust strategies.

Today, ETH feels like it is 'besieged' in the narrow range of 4300-4330. There are several layers of 'ceilings' above, and 4300 is a temporary 'floor' below. Want to act? Wait until it clearly breaks out of this 'encirclement'! A breakout above 4330 (especially with volume) looks bullish, while a drop below 4300 (without a rebound) looks bearish. Moving around in the oscillation range can easily lead to getting slapped.