In terms of Ethereum, the daily chart has continued to rise and break through the mid-band resistance, breaking out of the previous doji consolidation range.

Since breaking the 3500 resistance level at the end of the week, it has formed a fluctuating upward trend, with the daily closing higher and breaking through. The daily chart shows a strong upward consolidation, moving closer to the upper boundary of the wide range at the daily level.

On the 4-hour chart, it has risen above the middle band of the Bollinger Bands and is extending upward, but there is certain resistance at the upper band around 3750. Over the weekend, the coin price has been consolidating around the 3600 level without significant pullbacks. There is a high probability that it will first test the upper resistance. If it faces resistance, it will continue to maintain a range-bound rhythm, although the overall fluctuation range has shifted upwards. Therefore, in the morning analysis, we will temporarily rely on the 3600 level to look for a bounce. If it touches the resistance level and does not break, we will reverse to short and continue to watch for adjustments.

On Monday morning, for Ethereum, consider buying on dips around the 3630 level and look for a rebound in the 3700-3750 area. If it faces resistance, we will short and look for a pullback!