$BTC Ether hit a high of 3824 in the early morning and then fell back to around 3710 for consolidation, and hit a low of 3682. The current price is consolidating around 3750. Yunlu's Duodan idea in the early morning accurately stopped the long order at 3821, successfully locking in 78 points of profit.

Technically, the 3800-3820 area constitutes short-term resistance, and there is strong support below 3700-3720. The current 1-hour MACD has weakened momentum after the dead cross, and the 4-hour RSI has fallen back from the overbought area to 58. The flattening of the three tracks of the Bollinger Bands indicates that a change is imminent. It is necessary to focus on today's US PPI data and the impact of the speeches of Fed officials. The current market is in a healthy correction stage, and the direction of the breakthrough of the 3700-3800 range will determine the short-term trend. Key time node reminders: speech by the President of the European Central Bank (09:00), PPI data of the United States (14:30), and speeches by Fed officials (22:00). Market volatility may intensify, and it is recommended to maintain a flexible position to cope with it. Remember, the real art of trading is not about prediction, but about sharp response to market changes. Before the key support of 3700 is broken, the overall idea of ​​oscillation and bullishness is still maintained.

Ether suggestion: Aggressive investors can arrange long orders with light positions at 3730 (stop loss 3680), and conservative investors can wait for a breakout of 3780 and then go long (stop loss 3740). If the price of the currency tests 3800 again and fails to break, short operations can be considered (stop loss 3830). #Chainbase上线币安