Crypto Circle Mr. Coin: 8.1 Ethereum (ETH) Market Analysis Reference;

Ethereum has also seen a rebound during the day, with the current price approaching the resistance at 3880, pulling back after touching a low of around 3716 early in the day. The short-term volatility has begun to weaken, and the current coin price is around 3735. Key attention on the daily chart is focused on the 3830 resistance. If this wave of rebound does not break through and stabilize, there is a risk of continued pullback during the day, so I hope all coin friends can prepare in advance.

Looking at the short-term hourly chart, the day has seen a pullback, recovering previous gains. The current trend is hovering near the middle-lower track, with upward momentum starting to weaken. However, the Bollinger Bands are in a contracting posture. In the short term, both bulls and bears are in a stalemate, but the trend is characterized by slow rises and quick falls, with periodic oscillations downward. Therefore, our operations for the day will primarily focus on short positions during rebounds, with long positions as a supplement, and breaking positions will follow the trend for short positions.

8.1 Ethereum Short-term Reference:

Lower entry point in the 3830-3780 range for long positions, protect with a stop at 3980, stop loss: 30 points, target below 3750,

Upper entry point in the 3620-3670 range for short positions, protect with a stop at 3500, target above 2700,

The article is sent with a delay, and the strategy suggestions are for reference only. The market changes rapidly, regardless of how confident one is in market judgment, stop-loss and take-profit must be in place, securing profits is essential #美国初请失业金人数 #白宫数字资产报告 #以太坊十周年 #美联储利率决议 #ETH