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ETH evening trend: After breaking and stabilizing at 3500, it rose with fluctuations, breaking through 3700 in the early morning, retracing near 3660, and currently rebounding in a stepped manner, running around 3680.
The short-term market is leaning upwards, and after approaching the previous resistance level at a high point, a pullback and consolidation have occurred. If it can stabilize again and break through, it is expected to advance towards 3800. The Bollinger Bands on the short-term hourly chart are narrowing, with the market adjusting under pressure at the upper middle band. Although the upward momentum has weakened, an overall high-position low-buy strategy can be adopted. Attention should be paid to the resistance levels at 3760 and 3800, while the support level is seen at 3480.
Trading Suggestion: Short around 3750, target 3500.