Crypto trader Ansem: If ETH does not break through $4,100 on a weekly basis, the market will continue to fluctuate and force longs to close their positions

Crypto trader Ansem said that mainstream coins may continue to consolidate, while meme coins are expected to rise.

He mentioned that Ethereum ($ETH) currently has an obvious hedge short strategy, and if the price breaks through $4100 on a weekly basis, the market may rise sharply. Otherwise, the market is expected to continue to fluctuate, forcing longs to close their positions.

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