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3.8 Crypto Circle Mr. Coin: Ethereum (ETH)) market analysis. The reference for Ethereum's intraday low rebound is at the 1950 level, with the trend always hovering below 2000. In the short term, the trend remains weak and volatile, with a higher probability of breaking downward again. Therefore, our conservative approach is mainly to hold short positions. Short-term support is at the 1950 level; a break below is expected to lead the market to further test the 1900 level. If broken, it can be followed with short positions. The short-term resistance above is around 2045, and support below is at 1930. A break below 1900 is also noteworthy.
Ethereum short-term reference on 3.8: range between 2030-2080, with a stop loss at 2280, targeting below 2000, and between 1860-1930, with a 50-point stop loss, aiming above 1980.
Note: The message delivery may be delayed. Strategy suggestions are for reference only. The market changes rapidly. No matter how confident you are in your market judgment, always set take profit and stop loss to secure gains.