#ETH

ETH Market Analysis (4H)

Let's take a look at Ethereum's recent trends, as well as some objective analyses from experts regarding the current situation! Do the key support levels given in the last analysis still hold, brothers? First is the EMA200 average position, currently at 3099, which was at 3089 during the last analysis, with the subsequent drop reaching a low of 3100. Next is the 0.618 level at 3015!

The current trend is not very strong; considering market movements, this is a normal phenomenon. Additionally, with Christmas approaching, there is insufficient liquidity in the market, and momentum is lacking, so we need to wait for the market direction after the holiday! The points that need special attention remain the two positions mentioned above!

The resistance to watch above is at the levels of 3600 and 3724!