$ETH Yunlu Trend Theory: Shocking Riot! Ethereum Soared to 3750 at Midnight and then Plummeted by 100 Points! Both Long and Short Positions Face Warnings, Today May Trigger a Super Volatility!

Ethereum showed a rise and fall trend at midnight, reaching a peak of 3751 before retreating to around 3656 for consolidation. Currently, the coin price has rebounded to around 3740 for further consolidation. Friends who missed the long opportunities earlier can grasp the timing later; the current pullback may test the support and provide a second entry opportunity.

From a technical perspective, the 3700-3720 range constitutes primary support, while the 3750-3760 range forms short-term resistance. Indicators show that the 4-hour MACD has formed a high position dead cross, and the RSI has dropped from the overbought zone to 58. The narrowing of the Bollinger Bands on the 1-hour chart indicates that a trend change is imminent. Special attention should be paid to today's U.S. stock market opening performance and large on-chain transfers of Ethereum.

Ethereum Suggestions: Aggressive traders can short near the current price of 3740 (stop loss above 3755, target 3700-3680); conservative traders may wait for a pullback to the 3680-3700 range to enter long positions (stop loss below 3650, target 3750-3780). For medium to long-term focus, pay attention to the breakthrough of 3760; if it stands firmly, it could reach the 3800 level, while a drop below 3650 may lead to further testing of the 3600 support. #NFT板块领涨 #