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Market analysis: The current price of ETH is around 3230, and the price is constrained to operate within the two-hour range of 3200-3250. The upper stop loss point is 3280, and the lower stop loss point is 3180. The multi cycle resonance has bottomed out, and there is a tendency for oscillation. We will try our best to focus on the low long layout. The price is still in the form of a retracement to the monthly Bollinger Bands near 3070, followed by a 30 minute upward trend.
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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.