ETH Intraday Operation Thoughts: 4000 Level is Key, Cautious Layout for Long Positions
Ethereum maintains weak fluctuations during the day, although there was a rebound in the evening, the strength was limited, currently running around 4010, and the short-term downward rhythm has temporarily slowed down.
The core focus moving forward is on the stabilization situation at the 4000 line—this is the current key support level. If this position is lost, the price is likely to continue the downward trend and further test the space downward.
Operation Suggestion: You can layout long positions around 4000, with a stop loss set at 3970, and the target initially set at 4100.