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Market analysis: The current price of ETH is around 4110, rebounding to the 5-day mid track to suppress 4250 and then falling back to the 6-hour mid track support 4070 for rebound. The current price is constrained to operate between the 4-hour suppression 4130 and the 6-hour support 4070, showing a bearish trend. We are currently paying attention to the situation of the hourly mid track 4100 falling below. If the physical price falls below, we still consider the high point between 4050-4070. If the price falls below the starting point 4040 below, it will continue the bearish trend to 3950-3980, currently oscillating around 4060-4140, with the upper stop loss point 4170 and the lower stop loss point 4030
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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.