Talk about the current trend of Ethereum

#ETH Today, the second coin started to pull back near the high point of 3670, with the lowest point breaking below the strong support level of 3530. The contract dipped to around 3502 and began to rebound. Although it broke below 3530, it quickly recovered, so the break was ineffective. In the short term, we should still pay attention to the support at 3530, with resistance at 3760 and 3680, and minor resistance at 3620.

Currently, the trend of the second coin shows that the high points are getting lower, so be cautious about short-term trades; if the highs do not rise, it's time to sell. Don't hold on unless you are trading mid to long-term.

You can consider entering short positions around 3530-3550, but set a stop-loss if it breaks below.

At the moment, trading the second coin mainly requires following the first coin. If the first coin does not break through the resistance around 96500, it will generally consolidate before dropping again. A pullback to around 95000 can still hold steady without issues. Altcoins can enter the market best when the first coin stabilizes after a pullback.

During tonight's live broadcast, I also mentioned that everyone should buy the dip around 3530, and those who followed along made about 50 points.