Ethereum daily chart level once again breaks below MA60, the previous candle closed with a solid bearish candle, there is a need for a pin bar in the intraday candles, so caution is advised for further declines.
The 4H level market continues to decline with consecutive bearish candles, the support at the lower edge of the small range at 3300 serves as a temporary reference, if it breaks below, then pay attention to the previous lows nearby. For short-term, refer to the support for entry.
When entering the market, be sure to implement sound risk control and reasonable planning, as there will be non-farm payroll data released this week, leading to larger market fluctuations.
In terms of operations, it is recommended to buy if Ethereum does not break below 3280, aiming for the range of 3300-3210, with a target near 3450.