Ethereum Technical Analysis

In the long term, bears still have some pressure. The main bear pressure line at the monthly level is 3680,

at which point the price struggles to maintain near the bull support line, the situation is critical.

In the short term, Ethereum is oscillating in the range of 3850-3700, with moving averages showing a bearish arrangement, and the Bollinger Bands showing signs of opening, the bearish trend continues,

Personally, I suggest going short at the 3620 line, looking down to 3400

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