After Ethereum's weekly line continued to engulf, a clear top-bottom conversion support was formed near 3450. Although the daily line bottomed out near 3400, the overall daily support was obviously near 3460. It is worth noting that the long volume on the macd was weak.
The short-term four-hour opening rose, and the price remained in the boll bullish channel. The support below is recommended to focus on 3470, and the high pressure is 3600.
In the one-hour line, there is also a clear exchange of long and short forces near 3480.
Based on the above, it is recommended that Ethereum should be long in a steady callback during the day.
3420-3460 more, defend 40 points, and target 60-100 points or more$ETH
