#ETH走势分析 $ZEC The recent price action is quite interesting. Looking at the 4-hour chart, the price is testing a key level.

The MACD has already formed a bullish alignment, which usually indicates strengthening buying pressure. However, I have to admit, trading volume is still somewhat lacking, which is a potential risk. On the other hand, the price is already close to the upper Bollinger Band, and this kind of position is often a quiet period before a breakout—once the volume picks up, the probability of breaking through the upper band and opening up new territory is quite high.

The 397-400 area is a tough resistance zone, and the pressure there is significant. But if it does break through, especially with increased volume, the next target would naturally be the 424.5-435.3 range. There are quite a few short positions concentrated there, so if the price reaches this area, stop-loss orders might be triggered in succession, potentially leading to increased price volatility.

Of course, technical analysis is one thing, and market sentiment is another. Let’s keep watching—the opportunities and risks always go hand in hand.