Evening ETH Trading Strategy: The 3800 level is a key support, current price shows significant value for bottom-fishing

The current ETH price is around 3820, entering a consolidation phase, while the key support level on the daily chart clearly points to the 3800 line. Previously, the price dropped to a low of 3765 and quickly rebounded, which directly confirms that there is a significant amount of bottom-fishing funds actively supporting the market in this range, and the short-term downward momentum has clearly weakened.

From the intraday pattern, the 3800 position can be seen as an absolute bottom, and laying out bottom-fishing orders in this range has an extremely high risk-reward ratio. Combined with the subsequent market forecast, it is expected that there will be a wave of upward movement after the U.S. stock market opens, followed by a high probability of entering a downward phase. Therefore, the current node is the best window period for bottom-fishing entry. #ETH #以太坊合约