$ETH Let's take another look at ETH. The chart below is at the 4H level. Since the position of 1.13 was not broken through, it is defined as a false breakout. The subsequent pullback should observe whether there is support at the upper boundary of the oscillation box and the Fib 0.5 position below. If this market does not urgently move into a strong one-sided trend and instead oscillates within this large range, then there is a very high possibility that the price will drop again to around 4400. It might test this resonance position, oscillating in the large range between 4060 and 4888, until next month's interest rate announcement to choose a direction for a strong one-sided trend.
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