The market is strong and sideways. Last night, funds directly entered the market with over a billion dollars. The second probe of the large bearish candlestick was directly countered, coupled with interest rate cut expectations on the evening of the 10th. In the short term, we will no longer be bearish and should see a few days of volatile rebound;

Currently, ETH is sideways at the 4-hour level, and the daily line has also stood above the middle track, starting to strengthen. The small-level SKDJ is in the overbought zone at the top, with a possible pullback before going up. The support below is around the middle track 2950-2880, and the resistance above is 3170-3250;

Tonight, ADP employment and PMI manufacturing data will be released. In the absence of the big non-farm data, ADP has a greater impact, so be aware of the volatility;

$ETH

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