ETH Midday Market Analysis (Strong Breakthrough Phase)

Current price 3,872.71, 24-hour increase +1.20%, has broken through key resistance level and entered the acceleration phase.

Key position:

• Upper target: 3,900 (round number) → 3,950 (weekly resistance)

• Support below: 3,830 (breakthrough point) → 3,800 (psychological barrier)

Operation strategy:

• Go long with the trend (main strategy)
The current price pulls back to 3,850-3,860 and stabilizes, you can add to your position, target 3,900→3,950, stop loss below 3,820.

• Breakthrough Long Position
After breaking through 3,880 with increased volume, if it retraces without breaking, you can lightly follow up, targeting 3,920-3,950.

• Short-term profit-taking point
First touch of 3,900 can partially reduce positions, remaining positions should set a breakeven stop loss.