The recent trend of Ethereum is weaker than Bitcoin. After the Cancun upgrade, news such as spot ETFs have not effectively moved out of the independent market, and it is still following the trend of Bitcoin. At a small level, Ethereum is still in a downward trend, but the support below is quite strong. The volatility on Saturdays and Sundays is small, which is just right for swing trading!
Intraday operation points: open long near 3460, cover positions at 3420, and use a small stop loss. The target is around 3560 first!
