Ethereum overall trend structure analysis reference, currently focusing on the support of 3695 USD on the three-day chart. This position determines the rebound strength of the overall trend, pay attention to the bottom logic of this position.



To form an effective rebound, the daily chart must break through 3940 USD. Yesterday, we discussed the importance of 3920-3940 in our live broadcast.

Liquidity is relatively poor on weekends, so if you didn't close your long position yesterday, just execute yesterday's strategy as normal.

If the market cannot effectively break through 3940 USD next week, it will continue to test the support near 3700 and 3500 USD, so you must pay attention to the importance of 3940 USD.

The above views are for reference only and do not constitute investment advice.
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