Ethereum has now dropped to 4400, the trend is relatively weak. Simple analysis:

The price has broken below all short-term moving averages and is currently hovering around 4400. There is resistance at 4450 above and support at 4370 below. The trading volume is very low, and the market sentiment is cautious.

Operation suggestions:

1. In the short term, you can try a small long position around 4370, with a stop loss at 4340 and a target of 4450.

2. If it breaks below 4360, it may continue to decline, so don't rush to catch the bottom $ETH

ETH

3,122.23

+0.01%