ETH is currently facing pressure at the $4000 integer level. From the current pattern, the offensive momentum is still somewhat lacking, and the dealer's determination to break through is not very clear. Additionally, the time spent oscillating around the $4000 integer level is still insufficient, only one week so far.

In combination with the 12-hour pattern, everyone can pay attention to the MACD 12-hour level golden cross signal, and it needs to be accompanied by a clear large bullish candle for a definitive entry.

So, for the lower range points, you can still refer to these two positions: 3918—3838. These are the closing positions of the bullish candlestick attack on the 12-hour chart and can also serve as the first defensive position for the bulls.

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