Good morning, yesterday's market showed a relatively strong rise. Today we mainly look at the trend of Ether. BTC has been in a daily chart level of oscillation pullback for a month, and the structure is not very clear. The current round of Ether's market started on June 22, with an extended structure in July. Last week completed a week's pullback in the extension phase but did not show a reversal pattern. The adjustment has ended, and the market restarted its rise from Sunday. It is currently at the tail end of this swing trading rise, and there is not much problem in reaching a new high of 3940 in the short term, expected to be a little over 4000, allowing the market to enter a swing pullback. Speaking of short-term, the last swing of the daily chart started on the 3rd, and this small wave recently started on the 6th. It still seems incomplete at present. Today's short-term pullback will rise again. The daily support is mainly in the 3760 range, with a reversal point at 3600 (low probability reversal), and the BTC support is mainly around 116000.