Overall, the four-hour chart shows that the market has risen from the lower track to the middle track, encountering resistance, followed by a correction. After breaking through the middle track, the momentum is insufficient. Currently, it is in a wave-like pullback, with the middle track as resistance, which has been clarified earlier.

It is highly likely that this trend will continue in the midnight session: if the middle track is not broken, the main tone of decline will remain unchanged. Additionally, the upper track is clearly narrowing down, with the highs moving lower, indicating that the bullish strength has been released, so the operation should focus on short positions.

Short positions are advised near the 4650-4670 range for Ethereum, with the initial target at 4450. $BTC $ETH $XRP #ETH走势分析 #币安Alpha上新