September 4th ETH Morning Analysis

After rushing to the 4488 level at midnight, the momentum to move upwards weakened, and then it fluctuated around the 4470 range.

Looking at the recent trend, there have been several attempts to break through the 4500 mark, but none have successfully stabilized. Now, the area around 4500 has become a clear and strong resistance. Before breaking through this resistance area, the upcoming operations should focus on 'shorting at highs'.

Operation Suggestions

You can short around the 4490 area, targeting first at 4400, then at 4340, and further down you can look at around 4250.