10.26 Ethereum Market Analysis

Ethereum has been consolidating at 3700 this week and is showing a continuous recovery. There are multiple support levels on the four-hour chart, the Bollinger Bands are trending upwards, and short-term resistance is focused on the 4000 level, with a breakout target of around 4200. The moving averages formed a small golden cross at 8 AM, indicating a clear bullish trend for the day. Therefore, Lao Zhang recommends a bullish stance.

Operation Suggestion: Buy in batches at the current price of 3930-3910

Target: 3980-4050-4200

Risk Control: 3890