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#ETH 4-hour market snapshot
ETH’s strong period has clearly slowed down. Last night, BTC in the market moved up slowly, but ETH didn’t follow too closely.
The resistance level at 1950 is bigger than expected. If #BTC can’t make a strong breakout of the 65500 level, it will be difficult for ETH to break through the 1950 resistance level in one move.
If it really does break through, then the daily chart’s downtrend will be broken.
At the current price, there’s nothing particularly attractive—both long and short risks are high. Take a reasonable break and wait for an opportunity.