The recent trend of the Ethereum (ETH) market has attracted attention. In the short term, ETH is facing a resistance level near 4380 on the 4-hour chart. After the fluctuations over the weekend, the hourly market has completed a symmetrical fall.



At the 6-hour level, there is a weak support level near 4270. If the current downtrend does not extend further, the price may consolidate between 4300 and 4250.

From the daily level, there are signs of a volume-price divergence, which may indicate that the price will test the support level near 4180. If the pullback is larger, the price may even drop to the range of 4080 to 3965. For daily traders, this range may provide a good opportunity to follow long positions.

Investors should closely follow these key price ranges, as they may have a significant impact on future short-term trends. However, the market is constantly changing, and investors should carefully consider their decisions and make judgments based on their own risk tolerance.
ETH-3.61%
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DEXRobinHoodvip
· 08-18 06:47
Just do it, 3980 All in enter a position
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NFTArtisanHQvip
· 08-18 06:46
fascinating how eth's price movements mirror rothko's color field theory... the resistance at 4380 speaks to layers of market consciousness
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