① Why did Ethereum not drop in sync with Bitcoin last night, but instead rise?

Last night, Ethereum (ETH) did not follow Bitcoin (BTC) downwards; instead, it experienced an increase, leading to many tokens, including those in the DeFi sector, starting to strengthen. This trend can be observed from the exchange rate of Ethereum against Bitcoin. Previously, the exchange rate of Ethereum to Bitcoin had dropped significantly, and many believed it was close to the bottom, thus there was a possibility of a rebound. From this perspective, it is expected that Ethereum may have stronger resilience against declines in the future, especially after Bitcoin's price rebounds, making ETH more likely to initiate an upward trend. Once Ethereum's upward momentum begins to form, the DeFi sector it belongs to is also likely to rise first.

② Under what circumstances will Ethereum reverse?

From a technical perspective, Ethereum may enter a wide oscillation range on the 4-hour cycle, but the possibility of returning to a sustained upward trend and breaking previous highs is low. For Ethereum, as long as it can oscillate at the current high levels without following Bitcoin into a significant decline, it can be considered relatively strong. In this case, the market can wait for suitable opportunities; once a chance arises, there may be good upward potential.

③ At what levels can we consider going long?

Support range: 3275-3295 is currently a key support range. As long as the price remains within this range and does not fall below it, a rebound can be expected, and this is seen as a defensive position.

Entry signal: When the price breaks above around 3340, one can consider placing long orders. This is a potential entry point for bulls. If the price starts to rise from the current level, do not hesitate; adjust positions in advance and increase long orders as the market continues to rise, with target price levels set in the range of 3510-3550.