ETH：

On the daily chart, this recent decline of Ethereum is relatively weaker compared to Bitcoin, having broken below the short-term low of 3475, confirming my previous statement that in the rise, Ethereum cannot outperform Bitcoin, but as Bitcoin begins to rebound, Ethereum will not continue to decline. From the market perspective, Ethereum's drop has touched the previous accumulation zone of fluctuations and has formed a lower shadow, which indicates effective support. In the future, Ethereum will follow Bitcoin's rebound, but do not have high hopes for the strength of the rebound. Pay attention to whether it can break the level of 4109. In short-term trading, the main strategy is to buy on the pullbacks, positioning around 3340, with a supplemental buy if it goes down, and a stop-loss point recommended around 3200. The target is set at the range of 3720-3890, and once reached, you can decide when to exit. In the future, pay attention to whether the high point of 4109 can be broken, and take your own opportunities to enter; for short-term trading, control the risk and manage your own gains and losses;

Crypto industry insights, click on my homepage to follow me, explore potential hundred-fold coins in the bull market, and enjoy daily spot strategies!