ETH market follow-up analysis: →

ETH mainly follows a strategy of high selling and low buying within a channel, as shown in the chart. After the long orders were pulled up yesterday, it was suggested to try short selling at the high position. The price reached a high of 3538, and then started to fall back when it reached 3539, which was in line with the expected high selling order. After a quick adjustment, the price dropped deeply and came near the lower edge of the channel, where the trendline provided support. Currently, there is a rebound wave, with the main resistance points near 3497, 3511-3525. There should also be some opportunities for short selling.