#ETH Trend Analysis
Ethereum fell to the 2-day EMA52 and began to rebound. After forming a 30-minute bottom yesterday, it continued to rebound, breaking through the 1-hour line and reaching the 2-hour EMA52, which coincides with the neckline near 4070. However, it did not fall too much, instead choosing to move sideways. Therefore, it is likely to continue to adjust sideways before continuing to hit the resistance level near 4190, which is the 4-hour EMA52 line. Here, you can take a long position and short.