#6 BTC全民空投限时派送中 #Gate Alpha积分撸40U Ethereum continues the recent adjustment trend, with the price falling below 3500 USD. In the short term, it has entered a bearish-dominated downward channel. If it cannot quickly recover the 3500 USD level (Closing Price 3520 USD), the adjustment trend may continue. On-chain data shows that the inflow of funds into the stablecoin market has seen a brief pause, the injection of new liquidity has slowed down, and the open interest in Ethereum futures contracts has significantly decreased, resulting in a Long-Short Ratio reversal favoring short positions, reflecting a dominant bearish sentiment in the market in the short term. According to today's market, the 3430 USD level has seen multiple buy orders during the session, forming strong short-term support. Combined with the support from the lower band of the Bollinger Bands on the 4-hour chart, it can be seen as a short-term buying opportunity; however, if the price falls below this level, it may accelerate the dip to the 3330-3360 USD range, which is an important bottom area, emphasizing the need to coordinate with volume for a rebound.

✅✅Trading Suggestions: 1. Consider lightly entering long positions in the range of $3430-$3450, with a target of $3600 and a stop loss set below $3400; 2. If the price rebounds and is blocked at $3630, consider entering short positions with a target of $3520 and a stop loss around $3680; 3. Wait for a dip near $3350 to enter long positions lightly, with a strict stop loss at $3280.
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