Ether is currently in a range-bound oscillation pattern. Yesterday, when we accurately suggested setting up long orders near 4350, some investors questioned us – "Why go long in such an obvious bearish trend?" However, the market trend confirmed the foresight of our judgment. After a strong rebound of nearly 200 points following a key support test at 4205 yesterday, it peaked at 4410. Have those investors who blindly followed the short positions now found themselves in a passive situation?


The current major trend still leans towards long positions, and there are no signs of structural damage yet. Traders who have not entered the market can wait for a pullback to the 4335-4350 range to choose the right time to enter a long order.
Operation suggestions
The short-term target continues to look at long 4480 #Gate重磅上线GUSD#
ETH1.64%
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