ETH Morning Analysis
Support level at $3,550 - $3,550, if broken may accelerate downward; resistance level at $3,700 - $3,750. The 4-hour Bollinger Bands are narrowing, with short-term consolidation at high levels, attention should be paid to changes in volume.
Long Position: Enter at $3,550 - $3,650 if stabilized, stop loss at $3,500, target $3,700 - $3,750.
Short Position: Enter at $3,700 - $3,750 under pressure, stop loss at $3,800, target $3,550 - $3,600. $ETH