ETH 4H has clearly begun to show an upward breakout trend. After reaching the lower band of the Bollinger Bands, it received support and continued to rise, currently gradually approaching the middle band, displaying signs of a rebound.
Considering the technical repair demand after consecutive declines over the weekend, the focus at the beginning of the week is on the bullish rebound momentum. First, observe the rebound strength, and overall, the strategy is to buy on dips.
Intraday retracement at the 3470-3490 level for long positions, target 3600, 3620, 3685.
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