The direction of ETH on the 4-hour cycle has come out, with a bearish belt hold fall, dropping from 4450 to 4260. The rapid fall has opened up space below, following the support point of 4260. If it breaks below, the target will be 4060. If 4260 holds, the market will continue to oscillate in the range of 4260-4480. Strategy 1:
Short position near 4450, target 4260
Long positions near 4260, target 4450
Strategy 2: Follow the trend to short below 4260, target 4060 3800
#ETH#