Ethereum is showing a strong independent trend, with prices continuously rising. The current high has reached the 3694 area, approaching the 3700 mark. From a short-term performance perspective, there are no signs of a pullback; even if a brief retracement occurs, it will be strongly pulled up by bulls, continuously setting new highs, and the overall trend remains strong, with further upward momentum expected.
In terms of operation, it is recommended to follow the trend. You can place long positions when the price retraces to the 3580-3600 area. In terms of targets, first pay attention to the pressure situation at the 4000 mark. If the price does not reach that position, or if it reaches but cannot break through, adjustments should be made based on the actual market situation at that time.
