ETH Evening Perspective
Tonight, ETH's movement is a bit 'twisted', with many contradictory signals from a technical standpoint. The short-term moving averages are tilting upwards, giving a bit of momentum, but the trend indicators are still in a bearish arrangement, creating a solid oscillation pattern.
Moreover, the volatility is quite low right now, and the trading volume is sluggish, with no obvious activity. In such times, rushing to enter the market can easily lead to missing the rhythm; it's better to wait and see until the volume and price align with a clear direction.
The operational strategy is to look around 4260-4290, aiming for 4350-4380 first. However, remember that in a volatile market, it's wiser not to be too greedy; taking profits when available is more prudent. Wishing everyone a smooth night tonight~
If it falls below 4230, the strategy needs adjustment. Focus on stability. #ETH🔥🔥🔥🔥🔥🔥