ETH key support test: 3743.5 may become a long short watershed

According to member data, the current price of ETH is hitting the strong support level of 3743.5, which is a chip intensive area with a trading volume accounting for 5.24%, and buying power is dominant. Although RSI has broken through the 50 median line and is moving upwards, the KDJ indicator shows signs of convergence, indicating that the rebound momentum may be insufficient. The 2-hour cycle K-line shows that the red three soldiers are closely followed by a bearish swallowing pattern, indicating that the bullish power is weakening. If 3743.5 falls, it may further explore the low point of 3739. Above 3813.5, there is significant resistance, and a breakthrough in volume is needed to open up upward space. Open membership, real-time monitoring of long and short fund flows, and precise grasp of support resistance levels! The data is sourced from the PRO member's [ETH/USDT Binance 2-hour] K-line, for reference only, and does not constitute any investment advice.