Ether maintained a narrow range of fluctuations over the weekend. It is hard to say whether the new weekly line can close with a long lower wick tomorrow. Currently, there is no obvious exhaustion of small-scale long positions. If it does not fall below the vicinity of 4670-4680 tomorrow or maintains around 4700 to start a rebound, then the probability of reaching around 5000-5100 will greatly increase. Otherwise, it will go to the range of 4540-4570.

ETH-2.6%
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