10.14 Yufu midday ETH analysis:



In sync with Bitcoin, Ethereum is in a consolidation and correction phase within a four-hour cycle, with prices showing oscillation around the middle band of the Bollinger Bands. The narrowing signal of the Bollinger Bands also indicates that its consolidation and correction phase is nearing an end, and the subsequent direction needs to pay attention to the catalysts from the U.S. stock market and market news.

It is recommended to set up short positions on ETH in the range of 4130 - 4150, with a target looking towards 4000.
ETH-4.41%
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