1.7-Day Thought Analysis:
Ethereum has been on a rebound trend recently, and following the Bitcoin trend, Ethereum has also slowly but steadily risen by 500 points. This rebound strength is still quite strong, and I have repeatedly reminded everyone to position themselves for long trades; those who followed this advice are now reaping the rewards!
From the 4-hour chart, the current pullback signal is very weak. According to the rules of a bull market, we should follow the trend and go with the flow during bullish conditions. This bull has a lot of strength, so making trades is quite simple; we just need to be like the child herding the cattle, steady and focused, and go long with the trend!
Ethereum is above 3650, with a support level at 3610 and a target of 3850–3900!