Xu Xu Baby says Coin 8.5 Tuesday Afternoon ETH Analysis:
Ethereum's performance this time is obviously more vigorous than Bitcoin. On the hourly chart, after the last deep pullback following Bitcoin, it directly made a V-shaped rebound, showing strong bullish momentum. Recent operations can focus on low buy opportunities to go long.
In the short term, it is generally in a rhythm of oscillating upwards. This morning, although it followed Bitcoin and broke below the upward trend line, there hasn't been a clear downward signal yet. The critical position for the tug-of-war between bulls and bears is around 3690, so those with a strong risk appetite can try going long with a small position now.
Trading Reference: Consider taking a long position in the 3637-3621 range for ETH, with the first target at 3690. If it can effectively hold above this level, the next target can be 3755.
Personal opinion, for reference only!#ETH走势分析