Recently, the price of Ethereum ( ETH ) has experienced a pullback, but the technical indicators show that it has begun to stabilize and recover. From the 4-hour and 1-hour time frames, ETH is forming a short-term bottom structure.



The current important support levels during the day are around 3797, 3766, and 3703 USD, and investors should pay close attention to the performance in these price ranges. The resistance levels above are at 3879, 3913, and 3946 USD, and breaking through these resistance levels may open up further upward space.

It is worth noting that it is not advisable to enter the market recklessly without clear technical indicators. At the same time, setting reasonable stop-loss orders during trading is equally important, as it can effectively control risk.

The current ETH price is at a critical position, with intensified battles between bulls and bears. Investors need to closely monitor price trends and make judgments based on technical analysis, but must remember not to blindly chase after rises or sell on dips. The cryptocurrency market carries significant risks, and investments should be approached with caution.
ETH6.72%
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New_Ser_Ngmivip
· 08-03 00:23
pump or slip away, just these two options
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GasFeeTearsvip
· 07-31 20:57
trap too deep can't hold on anymore
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ThreeHornBlastsvip
· 07-31 02:52
Cryptocurrency Trading requires patience in solitude.
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screenshot_gainsvip
· 07-31 02:52
Those who are bearish come in to line up and get beaten.
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LiquidityNinjavip
· 07-31 02:51
All in on eth and take a big nap
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HodlBelievervip
· 07-31 02:42
Auto-Invest is the way to go; swing trading has lost too much.
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BasementAlchemistvip
· 07-31 02:41
Well done, just hold steady!
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DaoGovernanceOfficervip
· 07-31 02:39
*sigh* just another ta chart without empirical governance data
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