Intraday Market Analysis:
Yesterday, Ethereum broke through a new high of 3857, with strong resistance above. After failing to break through, it retraced and started a gradual decline in the early morning, testing 3720 multiple times but finding strong support below. After a sharp dip to 3693, it rebounded strongly.~
The overall structure is still in a bullish trend, and the suggested trading strategy is to primarily focus on buying on dips:
- It is recommended to set up buy orders around 3780
- Targeting the range of 3800-3850
