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Market analysis: The current price of ETH is around 3860, and it surged to around 4110 last night before rapidly rebounding. The current price is constrained at the bottom support of the 12 hour level around 3830. Once the starting point 38103810 is breached, it will continue the bearish trend to 3740-3720, with a stop loss point of 3700. Currently, we are paying attention to the 15 minute suppression of 3860-3870 and the breaking situation of the starting point 3890. Once 3890 falls below the small level, it will continue the bullish trend, with high prices as the main focus and low highs as a supplement during the day.
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Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.