#ETH走势分析 Recently, this wave of market movement is, to put it simply, digesting the profitable positions brought by the previous surge.

The price is stuck in an awkward position: it has tried several times to break above 93080 but has failed, indicating that there is clearly a lack of buying power at that level; however, when it drops to around 90155, there is buying support, and both times it has dipped, it has been pulled back up. Both bulls and bears are repeatedly battling in this range, with neither side giving way.

The biggest feature of this market is that there are no new stories. There are neither sudden positive news to drive the market up nor panic sentiment that could trigger a collapse. Trading volume is generally low on weekends, increasing the likelihood of fluctuations. The core logic is simple – as long as the range is not broken, it will continue to fluctuate. Whichever side breaks first, the trend will move in that direction.

**Bullish Perspective**
To restart the upward trend, sufficient chip exchange must take place in the bottom range of 90155-90400. Observe the performance during the pullback: if a shrinking bearish line or a long lower shadow quickly recovers, it indicates that the buying pressure below is still present. Once it stabilizes above 90800, the bullish momentum can be considered restored, with the first target at 91800, and if strong, 92300 is also a possibility. Remember, don’t wait until it drops to chase; the real opportunity comes after it "doesn't drop" and stabilizes for a rebound.

**Bearish Perspective**
The pressure range is between 92000-92350, with 93000 being a clear resistance high point. If the price approaches this position and the K-line begins to slow down, the upper shadow lengthens, and the trading volume shrinks, that is a signal of weakening upward momentum. When the price touches around 92000 but struggles to advance, it may be worth considering a light short position, with the first target being 91000-91200. If it breaks 90500 and does not recover, bearish strength will dominate, and 90155 or even 90000 could be tested.