Recent Trend Analysis of #ETH🔥🔥🔥🔥

The recent performance of #ETH🔥🔥🔥🔥 is significantly stronger than that of #BTC☀ . From the 4-hour level, the K-line accurately retraced to the MA30 moving average before bottoming out and rebounding. During the rebound, the trading volume increased, indicating that funds are starting to flow back into the market. Since the MA30 moving average provides support, the downside adjustment space is limited. After the current adjustment, Ethereum is expected to continue challenging the previous high resistance level of $3550.

Operation Suggestion:

If Ethereum retraces to around the previous low of $3350, this will be an ideal spot for spot accumulation. It is recommended to closely monitor intraday retracements and seize the opportunity for flexible operations.