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Where might ETH's lowest point stop falling next week? Looking at today, ETH has strong support around 4112, which is the short-term buy the dip point. However, considering the possibility of a long wick candle, it could drop to 4072/4066.
Next Thursday, the Federal Reserve's beige book will be released, and on Friday, the non-farm payrolls report. These two significant pieces of information will definitely lead to a mix of sharp falls and rises, with one suppressing and the other lifting. If the price happens to approach the aforementioned levels on Wednesday, caution should be exercised as a violent upward pullback could occur. This is because falling below 4066 indicates a bearish trend.
A point to grasp in the short-term: do not short below 4300, be bold to go long or buy the dip between 4228-4072.