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Advice for everyone: After finishing the work in the next few days, there may be continued practical operations. Please follow the coin friends.
(ETH) experienced a pullback after reaching a high of $3825 yesterday, currently oscillating around $3700. Technical indicators show that ETH is facing short-term overbought correction pressure, but the medium-term trend remains bullish, with $4000 being a key psychological resistance level. The 4-hour MACD shows bearish momentum; if it breaks below the $3700 support, it may test the $3630-3570 range; if it stabilizes above $3745, it may test the $3800-3825 high again.
Long Position: If it stabilizes around 3630-3650 during a pullback, you can try to open a long position, with a stop loss below 3600 and a target of 3750-3800.
-Short Selling: If the bounce is blocked at 3770-3800, you can try a short position, with a stop loss above 3825 and a target of 3700-3650.
Pay attention to the yellow hair in the evening.
Treat trading like three meals a day; do not eat outside of mealtime. Don't snack on junk food from time to time as it can lead to unhealthy habits. Good eating habits are healthier.