ETH is trading in the range of $3,780-$3,810 in the afternoon, with a 24-hour fall of about 1.92%, showing significant short-term pressure.


Key support level:
$3,760 (EMA30 coincides with the middle band of the Bollinger Bands, the bullish-bearish division line at the four-hour level)
$3,650-$3,630 (Fibonacci 0.382 retracement level, strong support zone on daily chart)
$3,447 (trend line inclined support, breaking this level increases the risk of a deeper pullback)
Key resistance level:
$3,810-$3,843 (R1-R2 resistance zone, a volume breakout is needed)
$3,900-$3,950 (previous high resistance zone, heavy selling pressure) mainly wait and see: act only after a valid breakthrough of $3,760 or $3,843;
Hedging layout: Spot holders can buy put options (strike price $3,650) to guard against black swan risk #以太坊重返3800#
ETH-5.35%
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