There is only one Fuchi in the crypto world, today's trend analysis of ETH!

Hey buddy, the ETH one-hour chart is currently in a 'lying flat state'! The price is oscillating between the 4060 support and 4380 resistance, as if it's stuck in a door crack. Recently, the trading volume has been continuously shrinking, indicating that both buyers and sellers are reluctant to move, and the market has entered a wait-and-see mode.

In the short term, here are a few key signals:

1️⃣ Currently around the price of 4304, both bulls and bears are in a tug-of-war, neither side has the strength to push the other down.

2️⃣ For a big surge, we first need to break through the 4380 resistance level (the orange key level in the chart).

3️⃣ If it falls below the 4060 support (red line), it may need to explore further down.

In terms of strategy:

Don’t get anxious just because it’s currently ranging, wait for a clear direction before taking action! If it breaks through 4380 with volume, you can go long, and if it crashes through 4060, consider hedging. The end of a range often holds big surprises, so paying close attention to changes in volume is more reliable than guessing the direction.

From the news perspective, Powell's speech tonight may cause market fluctuations! Other influences are minor.

For specific points, follow my homepage, the Fuchi team is dedicated to serving ambitious maniacs! Follow the leader to navigate the market and cut through the thorns. #名人MEME热潮