9.25 Concubine's Lunchtime Thoughts:
The two-pancake daily line surged and then retreated yesterday, pulling back from the highest point near 4205 to the lowest of 4070, ultimately closing near 4150. On the technical indicators, the daily MACD shows that bearish momentum is increasing. Currently, the key support below is around 3900; if it breaks down effectively, the downward target could be seen at 3760; while the upper side faces significant pressure near 4215. If it can successfully break through, there is hope for a further upward move towards the MA30 moving average.
From the four-hour level chart, short-term pressure is near the MA7 moving average, and the upper target after the breakout can be seen at the MA360 moving average. Meanwhile, the MACD at this level also shows signs of increasing bearish momentum.
Operational Suggestions:
Buy near 3950-3900, target 4200-4150, and if it breaks through, it can be sustained upward! $ETH