#ETH

ETH Market Analysis (4H)

Looking at the market trend of Ethereum, it is also in a sideways range between the Fibonacci levels of 0.382 and 0.236 on the four-hour chart, which is the range of 3270-3430. Early this morning, it briefly tested the position near 3430 but did not achieve a breakout. It is still moving sideways within that range. Tonight, these two points are also crucial levels to pay special attention to!

In terms of trend: This round of bottom consolidation shows a small triangular pattern of consolidation, and we are at a critical breakout zone. Additionally, we need to monitor the resistance at the rebound high of 3560, which will determine the market direction for the upcoming period. It's time for Ethereum to become more assertive!