Ethereum market analysis
Current situation
Hourly chart lifeline: 4006
Four-hour lifeline: 3835
Daily lifeline: 3502
The hourly chart cycle is biased towards the short side. Only after reaching 3835, we can see whether the four-hour chart closes below or above this position. If it closes below, it is a rebound short, which is the same as the 98,500 level of Bitcoin on November 24.