Ethereum continued to rise to a new high yesterday, and the bullish sentiment has not yet dissipated. It can be seen as the end of the upward trend, but there will still be some space above, so it will continue to rise.
The main reasons for looking at the rise are: the daily line has hit a new high again, indicating that the upward trend will continue, and the market will evolve from a five-wave structure to a nine-wave structure. Ethereum pressure is 4180~4390, and support is 3960~3910. For Ethereum operations, it is recommended to buy at 3695, stop loss at 3635, and target 4200~4500.
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