ETH Ethereum's medium to long term cycle assessment: Strong structure, but high selling pressure is amplifying Delta has been consistently negative since mid July, with high trading volume but no market continuity The recent low of 3720-3750 has seen the emergence of funds, which is a key defensive point in the short term. On top of this, if it effectively breaks through 3940 and closes above it, it can be seen as a continuation of the trend, with the target looking towards the range of 4200-4500; On the contrary, if the volume breaks below 3720, it is alert to entering the mid-term correction stage. The first support target area is 3300-3100, followed by the huge volume trading area in the 2400-2800 range. ETH