9.7 midday analysis



The four-hour chart shows a long upper shadow pattern, indicating strong selling pressure above. Although there was a strong rebound yesterday, it could not be sustained and failed to reach new highs, suggesting that bullish momentum has clearly weakened.

The current price is attempting to gradually rebound, initiating a corrective rebound. The key lies in whether it can effectively break through and stabilize above the recent resistance level. If it can successfully stabilize, the rebound perspective can continue to be maintained for future trends.

Operation Suggestions

The pancake is in the range of 110100-110600, with a target looking at around 111600-112200.

Auntie, in the range of 4250-4280, the target looks at around 4340-4370 #ETH走势分析#
BTC0.27%
ETH-0.17%
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