From the hourly chart, Ethereum is currently testing the support level of 3950. From the daily chart, it shows a slight high opening followed by a rapid decline. My personal opinion is that it will likely extend downwards.
Yesterday, our short position at 4035 remained open, and some people chose to take profits. Overall, we are now close to an 80-point profit. It’s up to you to decide whether to continue with the trend or take profits now.
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