ETH current price 3634, the daily K line broke the previous high and then fell below the neckline at 3690, long positions can take profits at the neckline, it is recommended to enter the market first and set a stop loss.
The market shows that the daily K line reached a maximum of 3765, and the main force has taken profits on the long positions, be sure to set a stop loss,
Pay attention to the support levels of the EMA15 trend fast line at 345 and the major neckline at 3300.
The four-hour K line shows a double bearish engulfing indicator, indicating a clear bearish trend,
But the larger bullish pattern has not been broken, it is advisable to hold and operate cautiously, focusing on the key support near 3300.
Short-term operation: safety first, the market has no absolutes, be sure to set a stop loss.
Long positions can be taken around 3550 - 3530, targeting 3700 - 3800.
