ETH has been continuously declining over the weekend. After a small volume drop to 3350, a shrinking rebound has begun.
The rebound volume is not strong, pay attention to whether 3550 can break above with volume and stabilize. Only by establishing a small bullish framework can we continue to see the rebound extend upward.
If the rebound tests the resistance and continues to be blocked, pay attention to the correction to the support around 3440-3400 or even near the previous low.
The small bullish framework has not fully formed yet, so the larger corrections may continue. Therefore, it is not recommended to chase long positions directly at the current position, as the profit and loss are relatively small.
The rebound continues to rise, pay attention to the pressure test around 3660. If it fails to test, short positions backed by this area of pressure have relatively high profit and loss.
Upper resistance: 3620/3660/3750
Lower support: 3464/3430/3330/3268