### Trend analysis
- **Moving Average (MA)**:
- MA(7): 3,779.25 USD
- MA(25): 3,727.06 USD
- MA(99): 3,358.78 USD
The current price of ETH is below the MA(7) but above the MA(25) and MA(99), indicating a short-term correction in the long-term uptrend. This uptrend is supported by the price staying above the long-term MA lines.
### Entry points and trading strategies
- **Entry Point**:
Based on the chart and current trend, a reasonable entry point could be around the price level of 3,700 USD when the price corrects near the MA(25), creating a good opportunity to initiate a long position.
- **Stop Loss**:
To protect against potential losses, the stop loss should be placed below the nearest support level. The current critical support level is around 3,612.17 USD. Placing a stop loss at $3,600 will help limit the risk if the price breaks this support.
- **Take Profit Point**:
With the goal of taking profits, you should rely on resistance levels and long-term uptrends. The nearest resistance level is 3,841.54 USD. However, to optimize profits, take profit can be set at higher levels such as 3,900 USD or 4,000 USD, based on the strong upward trend of ETH.
### Conclude
ETH is in a strong long-term uptrend but has a short-term correction. Investors should consider entering an order around the price of 3,700 USD with a stop loss at 3,600 USD and taking profit at 3,900 USD or higher. Closely monitoring support and resistance levels will help adjust strategies to market fluctuations.#ETHUSDT. $ETH . Just take a look, everyone