Currently, Ethereum has been suppressing bullish momentum on the 4-hour chart. The auxiliary indicators MACD and KDJ have been testing the bottom, but the upward momentum has not been sustained. It can be observed that the market today generally remains in a range-bound structure! Thus, we should maintain our operations within the pressure range and support range!
Support: 2110/2120
Resistance: 2165/2180
If there is a short-term breakout above resistance or a drop below the effective range, we can take a wait-and-see approach! #BTC #ETH $BTC $ETH