After the Ether long wick candle below 3700 in the early morning, it rebounded quickly. Currently, there is a continuous rise at the hourly level. In terms of indicators, the short-term short positions sell volume has significantly decreased. Looking at the auxiliary indicators, the MACD double lines have formed a golden cross pattern below the water. In terms of trading hours short-term strategy, if the price can maintain above the middle band of the Bollinger Bands, then the rebound is likely to continue.

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