11.1 Ethereum Market Analysis

At the end of last month, Ethereum's closing price failed to stabilize at the 4000 mark and faced pressure at 3940 during the day. After the hourly chart's MA golden cross, it first adhered to the middle track, and the Bollinger Bands became parallel without showing a downward trend. The intra-day pressure focuses on 3940, and holding long positions nearby is advisable for liquidation. The attached MACD has broken above the 0 axis, indicating a clear bullish trend. Overall, in the past two days, the price of Ethereum has shown a warming trend, and it is advisable to hold long positions steadily.

Operation Suggestion: Current price 3850-3830 in batches

Take Profit: 3890-3930

Risk Control: 3810