4.6 Ethereum Analysis



Driven by strong non-farm data, expectations for Fed rate cuts continue to cool down, and the dollar’s strength forms macro pressure; combined with large gains followed by pullbacks in leading assets, bullish momentum has clearly weakened and selling pressure has intensified. At the 1-hour level, the price is pressured by the upper Bollinger Band and pulls back; the risk of a short-term correction has risen significantly. Watch the middle-band support below; if it breaks, it will further push prices lower.

Trading suggestion: 2140-2170 range, target 2050-2000.

$ETH $GT $BTC #Gate广场四月发帖挑战
ETH4,35%
GT0,3%
BTC3,27%
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