#今日市场观点
BTC/ETH Trend Analysis and Views: Ethereum continues to strengthen for another two weeks, rising from around 3000 to the current psychological level of 3700. Last week, the overall increase was 10.36%, rising by 348 dollars, closing near a strong bullish candlestick.
The daily trend of Ethereum shows that since early November, around 2350, there have been two rounds of bullish movements: the first from 2350 to 3450, and the second from 3000 to the current 3750. Yesterday's daily candle closed with an uncertain doji pattern, indicating that the bullish trend may face adjustments in the short term; whether there will be a genuine opportunity to ride the bullish wave,
I personally believe an adjustment is needed; and if an adjustment occurs, we should first look for 23.6% or even 38.2%. Only if a new turning point buy signal appears in this area will it be a relatively safe and ideal opportunity. Therefore, I want to focus on the daily level entry, paying attention to the specific performances at 23.6% [3400] and 38.2% [3200], and buying should also be based on the signals at that time for decision-making.
The 4-hour trend of Ethereum shows that in recent days it has fluctuated between 3550 and 3750; a second upward attack has encountered significant resistance; in the short term, many topping patterns have emerged, indicating that a pullback may occur at the 4-hour level.
If it strongly breaks below 3550, it will officially start to decline; the current quote is near 3700, and at noon 12 o'clock, the 4-hour candle is about to close with a topping pattern. Partners looking for high short opportunities can consider lightly entering with a defense set at 3770-3780, targeting a drop to 3550-3500.