The current 4-hour chart of Ethereum is in a contraction and consolidation phase. This week, the price has touched the upper Bollinger Band twice before facing resistance and retreating, with the oscillation range gradually shifting down to the middle-lower band area. Due to the lack of clear directional guidance in the market, the overall volatility space continues to narrow, with bulls and bears engaging in a tug-of-war between the upper band resistance and the lower band support, forming a distinct box-shaped oscillation pattern. The price direction after the low-level rebound still holds uncertainty, whether it will initiate a new upward trend or face downward pressure again, becomes a key focus for the day.
The intraday strategy remains primarily focused on oscillation. It is recommended to sell high and buy low within the box range. When the price retraces to the support zone of 2500-2470, one can take a light position on long orders, targeting the middle band resistance level of 2550. If broken, further upward movement to 2580 can be expected. Flexibly grasp profit space in the oscillating market. #美国加征关税 #加密市场回调