The trend of Ethereum is quite eye-catching. Its trend line has been directly broken, but the 4-hour EMA is still suppressed. Judging from the current trend, the overall performance is relatively stable.
However, if there is a lack of continuous capital inflow, the direct breakthrough needs to observe the exchange rate of Bitcoin and ETH BTC, which are factors that must be considered. If the price can successfully break through and stand firm at 3500 points, the upper target can be 3700; and the support of 3400 needs to be paid attention to below.
