#ETH

ETH Market Analysis:

This wave of Ethereum is also very much in line with expectations. I entered a long position at the low of 4080, took some profits at 4250, and the remaining position has been holding steady!

In the smaller time frames, we can also see a downtrend line, which has been tested three times in the last couple of days without any effective breakthrough, but there hasn't been a significant drop either. The overall market seems to convey a sense of waiting; tonight's Powell speech could likely cause significant volatility and a short-term directional choice!

If the current trend breaks upward, the next resistance level is around 4380, which is worth paying attention to!