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9.25 Ethereum (ETH) Idea Analysis
Ethereum (ETH) has recently performed weakly, failing to break through the previous range of fluctuations. After a morning rebound to 4194, it dipped to 4072, then surged to 4205. Currently, it is showing wide fluctuations, with no clear direction.
Currently, ETH is in a period of time correction: after breaking through the high, there has been a cyclical imbalance and no effective pullback. It is necessary to consolidate the trend through fluctuations, and the layout should avoid chasing highs and cutting losses.
Operating Suggestions:
- Long position: Enter around 4050
- Averaging down: adding positions at 4020 level
- Defense: 3980 (exit if it breaks below)
- Target: 4220, 4300