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The volatility of the adjustment after the big dump of ETH is also very large, fluctuating several hundred dollars up and down every day.


In the early morning, it once again tested the support near 3900. The 4-hour double spike rebounded near the lower band to temporarily be blocked near ma7. Overall, the market is still leaning towards consolidation. In the short term, pay attention to the small boundary above around 4080-4100. If it breaks through and stabilizes, continue to focus on the 4200 level. Below, reference support at the 3950-3920 level for entry. If it breaks, look for a continuation towards the 3800-3780 level. For intraday short-term trading, refer to the above thoughts. This is just my personal opinion for reference #PI .
ETH2.71%
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