#ETH The concubine has been very cunning these past two days, with an absurdly large fluctuation range.....
Last night it briefly rebounded to around 4700, giving the bulls a little sweet taste
But then turned back again, retesting the key defense zone of 4500-4450.
Those who bought the rebound in this range should be smiling ear to ear last night——
A profit of one or two hundred points is quite satisfying for short-term contracts.
Today's rhythm is not that simple.
🔍 The core observation area I am focusing on:
Above: 4670-4700
This is today's rebound resistance level
To steadily rise, it must at least close above this range on a four-hour basis, otherwise the bulls can only be considered testing.
📉 What if the rebound can't hold?
Once the rebound at 4670-4700 is blocked, the market will still be in a correction rhythm.
I am particularly concerned about 4575; once this level is broken, the small-scale rebound is considered finished.
Potential support below: 4450, 4370
Price is just the surface, rhythm is the core.
The main force often hits you when you are most excited and supports you when you are most afraid.
What you need to do is not to guess where it will go, but to understand what it is doing.
