Today, ETH is still dominated by linkage in the short-term. Yesterday’s heaven and earth needle, the amplitude exceeded 200 points, and the high-multiply contract cannot hold it at all. We have also mentioned many times that the high market fluctuations are huge, so we must lower our expectations and be prepared for risks. Control, in a bull market, you are competing to see who can survive longer. Don’t let the price come back in the end, but the position is gone and it becomes fuel.

As long as BTC can stabilize at 70,000, there is no need to panic. In terms of copycats, we are still paying attention to opportunities to make up for the increase. As the leader of copycats, Ether’s current growth rate has lagged behind significantly. New projects continue to appear on the chain. The follow-up Ether spot price in May ETFs also have room for speculation. If they don’t pass, the impact will be small. If they pass, they will skyrocket. If they are stable, they can directly deploy Ether spot and hold it for a long time.

In terms of exchange rate, today's trend is still weak and is currently running near the key support of 0.050. If the current market trend is good, you can try to go long on the exchange rate. The exchange rate space is relatively large. A prudent suggestion is to hold the spot. You can be more aggressive. Try to go long on the exchange rate. If you enter on the right side, you can wait for Ether to strengthen. The current exchange rate is mainly weak and volatile.

At the current point

Focus on short-term resistance at the top 3630 3730

Pay attention to the short-term support below 3530 3460

The overall market is fluctuating at a high level, so don’t enter the market hastily.

In terms of operation, the upper side should pay attention to stabilizing above 3630 before going long. If you want to buy low, pay attention to the short-term support situation near 3500-3530. Only if you can step back without breaking 3500 can you try to buy low.