Ethereum (#ETH ) Market Analysis:

Recently, Ethereum has shown weakness, overall presenting a slow downward trend, with bullish momentum being suppressed. However, the support below remains quite evident, the lower band of the Bollinger Bands continues to rise, and both the mid-band and MA moving averages are also showing an upward trend relying on the price. At the same time, technical indicators show that the KDJ is opening upward for bulls, and the MACD red momentum bars continue to expand, indicating that bullish strength still exists. Therefore, it is recommended to continue to position long orders during pullbacks and operate in the direction of the trend.

Trading Advice:

Direction: Long

Current Price: 3310～3290

Take Profit: 3365～3390

Stop Loss: 3265

Please remember to set stop loss and take profit levels when trading, and strictly control risk.