ETH Today's Market
Similarly, ETH has entered the overbought range on the 1-hour and 4-hour charts and maintained a price above the healthy level on the daily level. The macro environment has improved, and although on-chain activity remains sluggish, the renewed strengthening of interest rate cut expectations has provided momentum for ETH's rise. Positive factors currently dominate, which helps to drive the rise in ETH prices. For investors who chose to reduce their positions yesterday, now is a good time to increase their positions again. Today, ETH faces an upper resistance level of 3550-3650, while the lower support level is 3350-3400.