#ETH 4-hour market snapshot


ETH’s strong momentum has already clearly slowed down. Last night, BTC was gradually moving up, but ETH didn’t follow too closely.
The resistance level at 1950 is bigger than expected. If #BTC can’t strongly break above 65500, it will be difficult for ETH to break through the resistance level at 1950 in one go.
If it really breaks through, then the downtrend on the daily chart will be disrupted.
The current price isn’t very attractive. The risks for both longs and shorts are high—take a break and wait for an opportunity.
ETH-0.27%
BTC-0.66%
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