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Ethereum continues to maintain a strong bullish posture. After a sharp dip with Bitcoin yesterday, it quickly rebounded and accelerated upward. From a technical perspective, the moving averages are in a bullish arrangement, the MACD momentum continues to strengthen, and the Bollinger Bands are slightly rising in sync, indicating a significant short-term bullish advantage.
The bullish pattern in the midline is also solid. If a pullback occurs during this process, it will instead benefit the further consolidation of the support level, accumulating strength for the subsequent movements.
Long position on Ethereum at 3640-3680, target 3800, still looking towards 4000 in the long term, be sure to set strict stop-loss.