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The early trading session saw a strong surge, with the trend being quite aggressive. The price temporarily rallied to around 2273, but faced obvious resistance above and quickly pulled back.
This round of rally was mainly driven by unexpected news (U.S.-Iran situation) rather than steady technical progress, so caution is still advised regarding its sustainability.
From the four-hour timeframe, the battle between bulls and bears remains intense. Although the short-term bulls have a slight advantage, there has been no effective breakout overall, and there is strong selling pressure at higher levels.
In terms of strategy, it is not recommended to blindly chase the high. The current position is more suitable for operating within the high-pressure zone. Intraday, you can consider gradually shorting in the 2245-2270 range, with the lower target still looking at the 2160-2100 zone.
$ETH #Gate广场四月发帖挑战 #加密市场行情震荡