ETH Trend Analysis and Trading Suggestions:
Support Levels Below:
First Support: 3485, a small defense at the daily level, can serve as a pin anchor point.
Second Support: Around 3350-3325, failure to break previous lows, next pin reference point.
Resistance Levels Above:
First Resistance: 3675, previous major cost position.
Second Resistance: 3735, previous multiple pin high points, strong resistance, bull-bear boundary.
Trading Suggestions for ETH:
The thinking direction remains unchanged; short after pinning at high levels. After pinning at high levels in the past two days, enter after the pin. Wait for Thursday's news to cause a breakout. 3775-3740 is the absolute top in the short term. I've been scared by the night-time surges in the market these past two days. If there is another pinning upwards at night, consider placing a short position. However, if it breaks above 3785 (with a 10-point upward buffer), evacuate quickly. Still primarily placing high short orders to enter the market.
