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ETH is experiencing typical range oscillation, with no clear trend guidance from the technical side or external environment.
From a technical perspective, the evening star and volume-price divergence suggest downward pressure, but the entanglement of moving averages and the convergence of the Bollinger Bands indicate weakening momentum and stabilizing sentiment, overall still leaning towards consolidation.
Key support and resistance levels are strong, further limiting the price breakout potential.
It is recommended to buy near the pullback of 3500-3520, with a target around 3680-3700.