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ETH The long-short game is right before us👁
Ethereum has retraced 100 points from 1830, and is now at the long-short boundary line, testing the EMA30 line.
The MACD has also encountered resistance from the zero line, and is about to face a direction choice.
The 4H is about to pull back downward, with a pullback zone between 1685-1630. If the pullback does not break 1630, it will go up again to form a new high, creating a divergence at the 4-hour level.
So to summarize, a small-level pullback is needed. Pay attention to the support zone mentioned above. If the bulls want to continue, focus on whether the MACD fast and slow lines can stand above the zero line.