Ethereum (#ETH ) Market Analysis:

Recently, Ethereum has shown weakness, overall presenting a slow downward trend, with bullish momentum being suppressed. However, the support below is still quite obvious, with the lower Bollinger Band continuing to rise, and both the middle band and MA moving averages also showing an upward trend relying on the coin price. At the same time, technical indicators show that the KDJ is opening upwards with bullish momentum, and the MACD red momentum bars continue to expand, indicating that bullish strength still exists. Therefore, it is recommended to continue placing long orders during pullbacks and to operate in the direction of the trend.

Trading Suggestions:

Direction: Long

Current Price: 3310～3290

Take Profit: 3365～3390

Stop Loss: 3265

Please pay attention to setting stop loss and take profit during operations, and strictly control risks.