1.7 Ethereum Midday Analysis
Ethereum's recent breakout is considerably weaker compared to Bitcoin. After briefly breaking above 3700, it quickly retreated and is currently oscillating below 3680.
From today's perspective, there won't be significant upward movement for Ethereum. It is currently facing resistance around the 3690 level. The overall strategy remains to buy low and sell high within the oscillation range.
Short-term resistance for Ethereum is at 3690 and 3710.
Short-term support is at 3655 and 3630.
Friends who enjoy strategy analysis can click to follow