#ETH# This morning, the lowest point for the short position in the 4360-4380 range reached a high of 4490. If there is a trend, it is entirely possible to gain a profit of 130 points. The take profit at 4420 can also achieve a minimum target of 40 points. The evening trend looks as follows: the overall trend is in a low-level sideways consolidation, with the current range of sideways fluctuations being 4380--4410. For short-term traders, you can continue to buy on dips and sell on highs within this range, as the bullish and bearish trends still do not have a clear direction. However, pay attention to the support level of 4360-4380 and the resistance level range of 4410-4430. If there is a breakout or breakdown, those who enter the wrong direction need to manage their positions carefully.
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September 1, 2025, 8:30 PM
#ETH# This morning, the lowest point for the short position in the 4360-4380 range reached a high of 4490. If there is a trend, it is entirely possible to gain a profit of 130 points. The take profit at 4420 can also achieve a minimum target of 40 points.
The evening trend looks as follows: the overall trend is in a low-level sideways consolidation, with the current range of sideways fluctuations being 4380--4410. For short-term traders, you can continue to buy on dips and sell on highs within this range, as the bullish and bearish trends still do not have a clear direction. However, pay attention to the support level of 4360-4380 and the resistance level range of 4410-4430. If there is a breakout or breakdown, those who enter the wrong direction need to manage their positions carefully.