Weekend Thoughts
Ethereum and Bitcoin experienced a brief pause after a sharp drop on Friday! Current selling pressure seems to have decreased! However, small-level selling pressure is increasing again! It is possible that there will be a downward spike followed by a rapid rise, with a focus on the 4340 support and potentially reaching as low as 4250 around 4270. 4150 is currently not visible. Short positions at 4510 and 4597. Pay attention to the breakout of the small-level downward trend line for potential long positions. The weekly outlook is bullish, the daily outlook is bearish, and the small-level outlook is bearish, with a possible downward spike followed by a rapid rise continuing the downward trend. This is the current assessment. $ETH