🐍 Today's Ethereum Outlook

Reviewing yesterday's Ethereum decline, it did not break through 3600, with a maximum point reaching 3800. It is currently stabilizing around 3700.

From the 4-hour chart, the Bollinger Bands have shown a contracting and flattening state. Yesterday's volatile market experienced continuous spikes, causing quite a headache for Qian Yi. Today's analysis indicates that Ethereum still shows an upward trend in volatility, suggesting a strategy of shorting at high points and going long at low points to capture the wave market.

Long-term outlook remains bullish, with a target of 4000.