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Afternoon, Ether (ETH) chart analysis:
The daily line is still hovering below the moving averages, and the resistance level for the rebound is this line. Before a strong breakout occurs, it should still be viewed as a fluctuating downturn; consider moving up only after a breakout. Additionally, the 120-day moving average on the 1-hour chart is also a resistance; previous rebounds to this level have all retraced, so it needs to be noted.
Ether: You can go long around 2980-2880, set a stop loss at 2860, and target 3400.