On December 11th, Ethereum's increase expanded to 5%, reaching $3750. From a technical perspective, the Ethereum price is in a strong upward phase. In the short term indicators, the hourly MACD energy bars continue to expand, the DIF line is above the DEA line and opening upwards, the KDJ indicator is dull in the overbought area but has not shown a clear turning point, indicating strong bullish forces in the market. In terms of contract positioning arrangements, buy around 3720, look above 3800, 3820-3830, add positions at 3670, and set a stop loss at 3640.