📊 $ETH Market Analysis

The stock surged to 4794 the day before yesterday and then quickly retreated, currently hovering around the 4450 level.

The middle Bollinger Band (4370) has become a key support level, and the MACD has crossed to the negative, indicating a weakening of bullish momentum.

🔑 Key Levels:

Support: 4370 → If it breaks down, it is likely to test 4200-4250

Resistance: 4600 → If it breaks through, it will attempt to challenge 4800 again

🎯 Strategy:

Long Position: If 4370 holds and stabilizes, consider entering with a light position, targeting 4600.

Short Position: If 4370 is lost, aim for targets of 4200-4250.