$ETH$ETH Current market observation shows a slight upward trend in the four-hour level, essentially a technical correction after the previous decline, which has not yet formed a sustained single-direction driving force. The Bollinger Bands are still expanding downward, with prices constrained by the middle track pressure and lacking effective volume support, indicating that the overall market remains weak. The one-hour level continues to undergo narrow consolidation, with long and short forces temporarily in balance, lacking clear directional signals. Coupled with the cyclical characteristic of reduced market participation typically seen over the weekend, it is expected that short-term trends will still primarily focus on range-bound fluctuations, with relatively limited possibilities for effective breakthroughs.
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