Ethereum Analysis $ETH :
Brothers, the short position on Ethereum 4.0 ultimately took profit at 50 points. Although this wave brought in some gains, I am not very happy because, overall, the current trend is downward. Although the upward movement is the main trend, pullbacks and adjustments are also a necessary existence.
Currently, Ethereum is hovering around the 3957 support level on the 1-hour chart, showing signs of breaking through. Therefore, brothers should pay attention to this position. If it breaks through, you can consider opening a short position, aiming for the 3880 support level on the 4-hour chart.
If it does not break, brothers can consider opening a long position near the support level, looking upward.
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