#ETH

ETH Market Analysis:

Ethereum has finally experienced a pullback. We can look back at the expert's analysis on Ethereum. The price has just reached the last resistance line before hitting $4000 on the daily chart, and a pullback has started near $3680.

From a smaller timeframe perspective, this pullback lacks significant support. Yesterday, a potential support level was indicated near $3530, and the current lowest point is around $3480, resulting in an overall pullback of 200 points! Therefore, this will become a short-term effective support point, and we can use this support to judge and predict the future trend!

Regarding operations: The overall strategy remains to buy on dips. It feels like this main upward wave of Ethereum has not ended; it is just adjusting due to the lack of liquidity over the weekend. We will wait for the next wave of market movement to come!