$ETH Inventory check at 12:33 PM
5. Overall Trend
• The intraday trend is relatively strong, but has entered a consolidation phase: prices are fluctuating in the range of 4740–4810.
• If it breaks through 4816 with volume, there is a chance to reach the 4900–4920 area;
• If it breaks below EMA25 (4740), it may revisit the support around 4650–4680.
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📌 Summary of Trading Ideas:
• The overall direction for the day remains bullish, but the 4800–4820 zone above is a strong resistance area, with potential short-term fluctuations.
• Long positions are suitable for buying low around 4740–4760, with a stop loss set below 4720.
• Short positions should wait for a price drop without breaking 4816 on volume before participating lightly, targeting 4680–4700.
Consolidation and fluctuation, watch and wait first.
May everyone prosper today.