📌 ETH short-term analysis (September 19)

Today, ETH once again faced resistance in the 4640—4660 pressure zone, then quickly fell back and is currently stabilizing in the 4530 range.

🔹 Technical Structure

The upward trend line resistance is still obvious, with consecutive lower highs, showing short-term weakness.

Current Support:
First support: 4520—4530 (already reached)
Second support: 4490 (0.618 position)
Strong support: 4450 (0.786 position)

Resistance above:
4600—4620 first resistance
4660—4680 strong resistance

🔹 Indicator tips

From the indicator signals, the previous wave of 4640 has already shown clear bearish signals, and subsequently, it plummeted, confirming the effect.
Currently, the green point indicates bottom support, and a short-term technical rebound is expected, but the strength depends on the trading volume.

🔹 Trading Logic

✅ Aggressive long position: can try with a light position around 4520, set stop loss below 4490;
✅ Stable Long Position: Wait for a pullback to the 4490—4450 range to lay out the plan, a better risk-reward ratio;
✅ Short position idea: If the price rebounds to 4600—4620 without breaking above, a small short position can be taken, targeting a drop back to the support.

⚡ Summary:
ETH is currently in a typical downward oscillation. Don't rush to expect a big bull market before breaking 4660. The short-term strategy is to buy low at support and sell high at resistance. Be patient and wait for key positions to provide opportunities.