Ethereum Evening Analysis

Ethereum has risen over 7% during the day, breaking through $3600 to reach a recent high, with a clear dominance of bulls and strong upward momentum, approaching the key resistance level of $4000. A breakout may accelerate the upward movement, and market sentiment provides strong support.

The daily MACD shows a bullish pattern, and the weekly Stochastic RSI (79) still has upward potential. Short liquidations exceed $22 million, and additional short squeezes may provide extra momentum.

Trading Recommendation: Buy at 3570, 3550, target 3700#ETH突破3600 $ETH