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Ethereum has recently shown a stronger technical structure compared to Bitcoin, but constrained by the overall market trend of Bitcoin, its price increase still appears weak. Although the capital inflow of the Ethereum spot ETF is rapidly approaching that of Bitcoin, under the circumstances where Bitcoin has not been able to break free from its weak pattern, Ethereum.
It is difficult to achieve effective independent breakthroughs.
Currently, ETH is mainly oscillating between the range of 4070-4370. It is recommended to focus on the operations of Ether.
Key positions:
Short opportunity: Try shorting lightly around 4370. If it rebounds to the 4450-4570 range, you can add positions in batches.
Long position opportunity: Consider laying out long positions near 4200, if
Pullback to the 4060-3990 area can gradually build positions.
It is important to pay attention to the overall market sentiment and the Bitcoin trend on Ether.
The associated impact of the Ethereum, strictly control position risk. #Gate全球首发上线YZY# #加密市场反弹#