The morning sun on Monday not only illuminates a new day but also brings a brand new opportunity canvas to the crypto market. Last night's market fluctuation was not a storm, but rather an accumulation of energy before dawn—every price movement weaves a wealth story belonging to the brave. Remember, true winners understand: market fluctuations are the touchstone for testing patience, and the rise and fall of candlesticks is a training ground for honing vision. Let us embrace the first trading day of this week with a clear mindset, replacing anxiety with rationality and conquering fluctuations with strategy.

Ethereum accurately reached our predicted resistance level of 3820 early in the morning and then fell back as expected, with the morning low testing the 3700 level, perfectly executing yesterday's "high position short" strategy. Currently, the coin price has weakly rebounded to around 3710, and market sentiment has clearly turned bearish, with the technical patterns highly consistent with our previous analysis.

Technical Analysis
The 4-hour chart shows that ETH has effectively broken below the rising trend line, with a confirmed MACD death cross, and a double top resistance forming at 3820. The rebound volume continues to shrink, while the decline is accompanied by increased volume, indicating that the bears are in control. Pay close attention to the support level at 3710; if it fails, it will open up downward space to the strong support zone of 3650-3630, with 3750-3780 forming a new resistance band.
#以太坊突破3700
Operation Strategy Suggestions
It is recommended to gradually position short orders as the market rebounds to the 3740-3760 area, with a stop loss set above 3780 and a target range of 3650-3630. Aggressive traders can attempt to short with a light position near 3710, strictly setting a stop loss. It is essential to pay attention to BTC trends; if the overall market continues to weaken, it will strengthen ETH's downward momentum, so remain flexible in response.