【ETH Technical Analysis】🔥
Yesterday, Ethereum directly stood at 3800 points in the morning session and reached the predetermined intraday target point of around 4000. This morning, Ethereum news was thrilling and a wave of spikes exploded the bulls. Yesterday's market analysis clearly stated that Ethereum's first support level was around 3500, and the night session spike just hit it. With the approval of Ethereum's ETF19b-4, the market rebounded. From a structural point of view, Bitcoin and Ethereum are still in an upward structure. This wave of decline did not destroy the overall structure. It was mentioned before that there was no entry position at a high level. This time, the short-term small-level buying point of 3500 was revealed. Those who entered the market can hold it patiently.
