ETH market analysis shows that a daily MACD golden cross has formed, indicating that the price will continue to rise after a brief correction.

In terms of operations, it is recommended to buy on dips, paying attention to the upper end of the fluctuation area around 3510 and the support of the 1-hour MA30 line. The rise of Ethereum is driving a general increase in altcoins, and strong altcoins are expected to enjoy a weekend rally.

After the altcoins rebound to the daily MA30 resistance level, there may be a slight pullback; it is advised to buy spot on dips.

The daily resistance levels are 3700-4200, and the support levels are 3510-3200. The hourly trend shows that the rebound rise faces a pullback at the daily MA30 line.

In the short term, one can go long between 3575-3510 and short at 3700. The Ethereum liquidation heatmap shows that when the price rises, there are short positions pending liquidation in the 3632-3678 area, and when the price drops, there are long positions pending liquidation in the 3590-3284 area.