From the daily level of Ethereum, the highest price reached last night was 3744.3, which has broken through the previously mentioned resistance level of 3719. The next target for Ethereum will be to test the resistance level around 3908. If 3908 is broken, then the price will aim for above 4000.

Currently, the long positions in Ethereum are still being held. From the hourly level, the short-term support position is at 3609 USD. After the price reached the short-term low of 3609 USD, the subsequent two hourly spikes did not break below this level. Therefore, as long as Ethereum does not drop below 3609 USD, the long positions can continue to be held.

Making profits from trading is actually that simple; you don’t need to understand too many technical indicators. As long as you strictly adhere to your trading plan, you can minimize losses and maximize profits.

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