Eth fell to the third support level at night and started to consolidate at the bottom. Today, pay attention to the top of the consolidation area at 3410. If this level is broken, a rebound may begin at the 1-hour level. The upper resistance/target levels to watch are around 3461-3548-3630 (if the 4-hour level can stabilize above 3548, this wave of 4-hour level correction will end).

If the top of the consolidation area cannot be broken today, pay attention to the bottom of the consolidation area at 3348 for a potential drop. If that level holds, it will continue to consolidate. If it breaks the lower support levels, watch the levels around 3305-3268-3225!