ETH Market Analysis on December 19 🚩

The support level on the daily chart was already broken yesterday. The highest rebound I indicated at the second resistance level around 3900 started to sell off, providing over three hundred points of profit. There's no need for any technicalities at this point. Currently, the smaller level is facing rebound pressure above: 3709, 3760, 3820. If it cannot rebound above these resistance levels, it will likely test again. The lower support levels for a second test are: 3512, 3478. If it breaks down, watch for 3358, 3260.