Ethereum ushered in a wave of correction along with the market. The daily structure fell from the MA7 moving average to near MA90 yesterday. It is recommended to build a position near here. The upper pressure can be observed near MA120, and MACD shows the increase in short positions. In the four-hour structure, it fell below the MA360 annual line support and turned into pressure, and MACD formed a dead cross. In the short term, long orders can be operated near 3377-3350, and the rebound target is near 3410-3450. In the medium term, long orders can be operated near 3255-3207, and the rebound target is near 3388-3500.

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