8.7 Ethereum approach

Currently, Ethereum shows a slightly bullish trend in the 4-hour level. The price is stable above the middle track of the Bollinger Bands, and the Bollinger Bands are slightly expanding, indicating an increase in volatility and a short-term bullish bias; the MACD has formed a golden cross and the red bars continue to expand, enhancing bullish momentum; the RSI is in a bullish arrangement and is not overbought, still having room for upward movement. In terms of key price areas, resistance is at 3733 and 3750, and a breakthrough is expected to open up space to 3800-3850; support is seen at 3620 and 3506, with 3620 being the short-term dividing line between bulls and bears. As for 3500, as long as it does not break, the bullish advantage remains. In terms of operation, long positions can consider setting up in the 3620-3650 range on a pullback, targeting 3750. #Gate ETH 挖矿年化收益 5%# #晒出我的Alpha积分# #加密IPO热潮# .