#ETH Reversal?

--- Where does the low point of 3670 come from? Draw a Fibonacci from 3505-3940, 61.8% retracement.

--- Using the Fibonacci tool, the 61.8% retracement position of this rebound resonates with the 3750 support. Can it reverse the decline? Pay attention here!

--- The preferred low buy remains at 3520, high sell at 3940.

Currently, I want to be bullish because of the breakout of the downtrend line (the target of 3875 given yesterday has been reached), and a higher high has appeared in a smaller timeframe. I plan to mainly focus on low buys today (3670 breakdown is invalid).