Market Analysis - ETH Two days ago, when ETH was at 3850, it indicated that there was little room for further upward movement at that level, and new buying points needed to wait for a correction. The trend in the past two days has indeed entered a period of high-level stagnation and rest. The current situation is that the small level has entered a bearish turning point, but the mid line support structure is still in place. In practical operation, the current position is mainly focused on preventing downward exploration, and multiple orders in the existing area and above will not be made. After the price further declines, a rebound will be sought based on long-term support of 1H and above levels. 3588 has short-term support, but there is not much room for rebound, which can be considered as a radical single fast in and fast out, and should not be kept for a long time. Short term support 3525-3430, 1:2 can be hung, fast in and fast out. If received, draw back to the short position around 3600, and further track other points depending on the specific situation. ETH