Ethereum's current price is 3834. It is now 7:39 AM Beijing time. I believe everyone has seen that the 4-hour EMA120 trend indicator has continuously supported the long position at 3633. Compared to shorting, I prefer to go long on Ethereum, as its share is equivalent every day, indicating the power of sector rotation. The bullish trend remains strong; the daily candlestick has broken the EMA 15 trend line at 3710, reaching a high of 3846 and a low of 3563. The MACD is narrowing down, but the DIF and DEA are at high levels. The Bollinger Bands' upward channel continues with the candlestick standing at the middle track of 3655, aiming to stretch upward. Pay attention to the upper resistance level of 4075. For those who haven't entered yet, monitor the Bollinger Bands' middle support at 3655. Those who have entered can continue to hold, ensuring to guard against the upper resistance level at 4075 and manage stop-losses well.

The 4-hour candlestick is starting to challenge the rising trend line at 3860. The candlestick has come above the EMA30 trend line at 3785. The head and shoulder bottom trend has broken the horizontal resistance level at 3750, continuing the bullish trend. The MACD has formed a golden cross trend with increased volume. The Bollinger Bands are expanding downward, and the candlestick has broken above the middle track at 3780. It is expected to stay at the middle track for some time and will continue to move upward after stabilizing. Pay attention to the lower support level at 3525. The overall trend is bullish, mainly bullish with some pullbacks. As long as the large-scale trend remains unchanged, treat all pullbacks as a lure for shorts, just like before.

Short-term reference: Safety first. Remember that the market is not 100% certain, so always manage stop-losses. Safety first; small losses and big gains are the goal.

For intraday trades, short between 3900 to 3930, with a stop-loss of 50 points, targeting 3800 to 3750, and if broken, look at 3700 to 3650.

Long between 3550 to 3600, with a stop-loss of 50 points, targeting 3790 to 3850, and if broken, look at 3900 to 3950.

Specific operations should be based on real-time market data. For more information, please consult the author. There may be delays in article publication, and the suggestions are for reference only. Risk is borne by the reader.