$ETH spoke just now, directly hitting the first target for profit-taking, the second target at 4466 was just a few points short, demonstrating the power of breaking the 5 moving averages at the peak formation. This also confirmed the wide oscillation pattern of the second contract.

$ETH After breaking away from the top backtrack last night, it is about to create the third 4-hour central point. In the same segment of the trend, it is difficult for two adjacent central points to have the same shape, so the first two, especially the second central point, are small rectangle consolidations, thus the third one is likely to be wide fluctuations, and the shape is estimated not to be rectangular anymore.

The 4-hour top differentiation has appeared, and it has broken below the 5-period moving average, but the lower shadow is a bit long, and the support below is relatively strong, so it is likely to continue fluctuating. If there is a decline here, the first target is around 4592, let's wait and see.