Recently, Ethereum's trend is very unclear. The highest point on the 6th of this month reached 4092. From the perspective of someone in the crypto circle, along with this month's chart, it is suggested to buy at 3620 for a long position with a take-profit point at 3850 and a stop-loss point at 3540 (this only represents personal opinion, see analysis below).
01. Ethereum has been slightly fluctuating in the last four hours, with the objective of eliminating some retail investors.
02. Through observation, the chart shows a zigzag trend, indicating that the current position is still not ideal. Everyone can look at previous charts for comparison.
03. The ambiguous relationship between Microsoft and Bitcoin. The overall market effect has caused Ethereum to be unstable at present, which means that in the next three days, the objective will be clear. However, through comparison, everyone can see that Bitcoin has briefly declined, and as the long-standing second place, Ethereum will definitely rise strongly recently.
Okay, the above only represents personal opinions, and one can observe firsthand.
