All long orders yesterday completed profit-taking, and the bullish thinking was also confirmed. The approval of Ethereum's spot ETF is undoubtedly a long-term positive, and the market outlook is still optimistic about the bullish performance!

Saturday was basically a narrow range of fluctuations. Both long and short positions failed to continue. The bottom support is still solid, and the short-term suppression above cannot be broken for a while. Since the Ethereum spot ETF has been approved, the follow-up is definitely optimistic about the bullish performance, so the operation idea is also to focus on low and long as much as possible!

It is not difficult to find that in this round of decline in the price, the downward force has obviously weakened after the price came to the 66,000 range. This key support area is where we can pay attention to opening more!

The four-hour MA30 moving average of Ethereum continues to support the upward price. From the rise this week until the subsequent wash-out and decline, it has not fallen below this moving average support. Then we can also pay attention to the long positions of Ethereum!

The short-term support of the big cake is 68,800-68,000, and the key support is 67,000-65,600. Long orders can pay attention to these points to enter the market!

The short-term support is 3740-3720, and the key support is 3655-3620. For long orders, you can pay attention to these points and try!