Ethereum: Short-term resistance in the 4400~4500 range
On the 8th, Yi Ming wrote in the square that Ethereum would soon see 4400~4500
The analysis was based on both wave and expansion perspectives; now we are basically approaching this position, facing short-term resistance;
For long-term traders, there is no need to pay attention to this resistance level, after all, it will eventually break through 4800
For short-term (swing) participants, this position is not very suitable for direct chasing; can we short at resistance? Answer: do not participate in shorting, as it diverges from the larger trend. We should position ourselves with the trend, not against it;
If there is a pullback, there will be new opportunities to ambush more buyers.