$ETH The daily level analysis indicates that the upward momentum is insufficient, and the closing price did not break the previous high. 3872 is the neckline on the 4-hour chart and has dual support on the weekly chart. Only by breaking below this level will the 4-hour downtrend truly begin. Now we wait for a choice of direction after oscillating between 3935 and 3872. If there is an effective breakout, the resistance levels above are 3966, 3994, and 4024. If there is an effective breakdown, the support levels below are 3832, 3755, and 3682.

Of course, aggressive traders can also go short at the high and long at the low during the oscillation, just remember to set stop losses.