From the four-hour level observation, ETH's trend is still relatively weak, but the current market does not recommend blindly shorting – there have been certain signs of bottoming out at low levels, and the downward momentum in the short term has somewhat diminished.
Combining the intraday rhythm, prioritize looking for rebound market trends. It is recommended to strategically position long orders around 3730 and 3770. #ETH链上活动升温
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Before00zero
· 2025-10-31 14:38
The recovery of Ethereum that we witnessed during the Asian trading session on Friday is losing strength near the $3900 level on Friday after bouncing back from the support zone of $3650 on the 4-hour chart for the third time this month.
10.31 Morning ETH Silk Road Analysis:
From the four-hour level observation, ETH's trend is still relatively weak, but the current market does not recommend blindly shorting – there have been certain signs of bottoming out at low levels, and the downward momentum in the short term has somewhat diminished.
Combining the intraday rhythm, prioritize looking for rebound market trends. It is recommended to strategically position long orders around 3730 and 3770. #ETH链上活动升温