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Ether also shows a fluctuating trend of rising after a dip. After dipping to the line of 3372 during the early morning low, it has stopped falling and is currently operating around 3400. The 4-hour chart shows that the pace of bulls and bears has slowed down, with repeated trends of rising and falling recently, continuously testing the effectiveness of the support level at 3300, which has become a key defensive point this week. If this support level is effectively broken in the future, a deep adjustment may follow. Although it currently maintains a high-level fluctuation, the Bollinger Bands on the 4-hour chart are in a contraction state, and the price faces slight pressure near the middle band, with upward momentum limited. The 1-hour chart indicates that Ethereum is trapped in a high-level stagnation fluctuation pattern, with short-term trends mainly based on range fluctuations. In terms of operations, a high short and low long strategy can be continued, relying on key support and resistance ranges for layout, while closely monitoring the defense situation of the 3300 dollar support level.
Currently, the pressure on the cake has moved down to the 105000 level, with support at the 100000 level.
Ether resistance is at the 3600 level, support is at the 3200 level #广场发币瓜分千U奖池