eth

Bitcoin has now started to test above 100,000

But ETH has not been able to effectively stabilize above 4000

Yesterday it reached a high of around 3987

This indicates that in the short term, 4000 is still a strong resistance level

At the same time, looking at Ethereum, it has been repeatedly pressed around 3940 throughout the day

If it cannot effectively break through 3940 at night, then the price may go through a range adjustment

Returning to 3800 is also a possibility

However, from a long-term perspective, it still leans towards being bullish

At this time, the requirements for position management are very strict

For newcomers to the market

At this position we can take the opportunity to gradually accumulate

Don't go all in at once

Manage your positions well

It's the same principle as when we accumulated Ethereum around 3530 last time

New fans who don't know where we accumulated last time can search for Ethereum's bottom position

So, in the long run, we still look to stabilize above 4000 later

$ETH