$ETH

Ethereum Market Analysis

Based on the 4-hour K-line analysis of Ethereum, it is currently in a bearish trend with a dead candle. The current trend continues to extend downward, so the bulls need to be cautious.

Although the recent trend for Ethereum still looks bullish, we are focusing on short-term trades recently, as there hasn't been much volatility, and there aren't enough opportunities for long-term positions.

Currently, the community's short positions on Ethereum have gained about 20 points, so it may be worth considering setting a breakeven stop near the cost price.

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