@Everyone Brothers, currently Ethereum has a high possibility of rising again to touch the 4000 mark. Personally, I think 4000 is still an effective resistance level. We can consider whether we can open a position below 4000, preferably in the 3975–3985 range. If this position connects and is suppressed by 4000, we will see significant gains.
From the 4-hour chart, Ethereum is currently running slightly above the middle band, close to the upper band. Tonight, the US stock market is likely to open high. We should focus on whether the 4-hour upper band can break through and then show a downward spike. For now, we should avoid chasing positions. When we approach the target range, we can enter in batches. #ETH Pay close attention to the 4000 level and whether the 4-hour chart can break through. If there is a divergence, that would be the best scenario. #ETH