Ethereum 3743 support validity test and stepwise pressure breakthrough strategy

Core logic and extreme testing of support levels

• The resilience and hidden dangers of the 3743 support: Multiple tests have rebounded, indicating strong short-term support, but "if the rebound cannot break through $3875," it will deplete its support strength— the third test is likely to break, which follows the rule of "the same support failing after multiple tests"; caution is needed for the accelerated decline after support exhaustion.

• The blocking effect of step pressure: Hourly levels of 3845-3874-3913 USD create step-like pressure. Only a breakthrough of 3845 USD can open up upward space; otherwise, the rebound is merely a weak correction, difficult to change the oscillation pattern.

Key Level Trading Strategy

• Long conditions:

1. Breakthrough at $3821 → enter long on the right side, target $3845 → $3874, recover stop loss;

2. Pull back to confirm support at $3728 → Lightly enter long, stop loss if it falls below $3696;

3. Long position at $3635 on the left side, stop loss if it drops below $3600 (deep pullback for low absorption, need to wait for a stop loss);

4. Break through 3874 USD → increase long positions, target 3913 USD, if it breaks through 3942 USD then stop loss on short positions.

• Shorting conditions:

1. Volume breaks below $3782 → short on the right side, target $3774 → $3727, rebound cannot recover stop loss;

2. Short with a light position at 3913 USD, stop loss at 3942 USD (testing the resistance level, weak confirmation needed);

3. Break below $3756 on the 4-hour chart → increase short positions, looking down at $3681, resonating with the failure of support at $3743.

Signals of shape and support failure

• Observation of rebound strength:

◦ If the rebound does not break through 3845 dollars, it indicates that the bulls are weak, and each rebound at the 3743 support level is an opportunity to reduce long positions; breaking through 3875 dollars is necessary to delay the time of support failure;

• Confirmation of support failure:

◦ During the third test at 3743 USD, if it breaks down with increased volume, it confirms the support failure. Short positions can follow the trend, targeting directly at 3681 USD.

Summary: Ethereum 3743 support is nearing failure, core operation: long positions rely on breaking through and following up at 3821 USD, short positions closely watch for a break at 3782 USD, be cautious of a break after the third test of support, do not cling to weak rebounds.