$ETH

Ethereum Market Analysis

According to the 4-hour K-line analysis of Ethereum, it is currently in a bearish state with a downward trend. Brothers in the bullish camp need to be cautious.

Although Ethereum's trend still appears bullish recently, we are currently focusing on short-term trades. There hasn't been much volatility lately, making it insufficient for long-term positions.

Currently, the community's short positions in Ethereum have gained about 20 points in profit, and it might be worth considering setting a break-even stop-loss near the cost price.

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