Ethereum has recently become more active alongside Bitcoin. With such a significant trend, how can we determine the direction?

Recently, Ethereum has also been increasingly active with Bitcoin's movements. When trading Ethereum, there's no need to pay too much attention to news; as long as it remains aligned with Bitcoin, we can follow Bitcoin's direction in our operations, which is also a technique of leveraging for profit!

From the current position, Ethereum's trend looks very good, with a clear market direction. From the 4H chart, it seems we are about to enter a rebound phase, but we can first look for a pullback before entering a long position. The current pullback around 3270 is a strong support level!

We can enter a short position at the current price level as a way to take advantage of the pullback, and later enter a long position on the rebound, which can also serve as a defensive level!

For Ethereum operations, buy at 3320, defend at 3270, target around 3400–3480!