In the 4-hour chart, the Bollinger Bands continue to narrow, with prices oscillating around the middle band, indicating a temporary balance between bullish and bearish forces, and a clear consolidation pattern in the short term.
Suggestion: Buy around 4330-4350, target 4400, 4450, 4500.
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10.2 midday ETH analysis
In the 4-hour chart, the Bollinger Bands continue to narrow, with prices oscillating around the middle band, indicating a temporary balance between bullish and bearish forces, and a clear consolidation pattern in the short term.
Suggestion: Buy around 4330-4350, target 4400, 4450, 4500.