The key support level for going long is still 3550, and the key resistance level is 3750. Personally, I still remain bullish. The bullish momentum has weakened in recent days, and you will notice that the advantage of going long is diminishing while short positions are gaining the upper hand. Therefore, the best time to go long is at 3550 or 3600, and it's best to buy at lower levels. For shorting, it's best to do so above 3750, but there are still risks involved in shorting.

From the news, the interest rate cut is still unclear. Currently, there are both long positions and short positions from the big players, and we are still in an era of waiting and watching for both sides.
Top trader James closed a 40x long position on BTC, losing $650,000, and embarked on a 10x shorting journey with PEPE, while several major whales started a 3x ETH journey. Does this indicate that ETH is undervalued?????????