After Ethereum approached the strong resistance level around 3800 during the price uptrend, it began to show signs of weakening. Its daily fluctuations are quite significant, with intraday price changes reaching around two hundred dollars.

Currently, the Ethereum exchange rate mainly exhibits high-level fluctuations.

If it can stabilize and stop falling at this position, and the smaller indicators also complete their adjustments, then Ethereum will soon test the 3800 resistance level again.

Once it successfully breaks through this resistance level, the next target can be around the 4000 price level.

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