#比特币波动性 From a time period perspective, the movement of $ETH is quite interesting. The monthly chart indeed points below 1300, but the short-term period tells a completely different story—the 12-hour chart shows that the resistance in the range of 4700 to 4950 needs to be cleared before pushing towards 5000+. More importantly, on the 8-hour chart, the level of 4250 must be conquered first.

The logic is actually very clear: if the two nodes of 4250 and 5000 are not resolved, the monthly line target of 1300 won't even come into play. So in my personal judgment, the range of 2300-2599 is very likely to become a turning point, and there might be a sudden turn that directly stops the decline and rebounds, restarting the bull market rhythm is also not impossible. $BNB $XRP