ETH faces increasing downward pressure, with short-term lows to watch at 3451 and 3330

Market dynamics:

The ETH daily chart shows that the price has fallen below the previously predicted range of 3710-3610 and is now below 3600. In the short term, the 3451 support level is under significant pressure, and a break below it may quickly lead to a drop to 3330. The current bearish trend is strong, and no rebound signals have been observed.

Operational strategy:

There is no rush to go long; it is advisable to wait for a long lower shadow on the 4-hour chart before considering entry. Focus on the support levels at 3451 and 3330, while also paying attention to BTC's closing situation near 97100, which may prompt a simultaneous long position. The stop-loss should be controlled within 100 points.

Reminder:

Short-term trading requires caution, and profits and losses are at your own risk. Follow me for more accurate trading strategies and market dynamics!

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