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. It has indeed only been one week of oscillation at the $4000 integer level.
In conjunction with the 12-hour pattern, everyone can pay attention to the MACD golden cross signal at the 12-hour level. A clear bullish candlestick is also needed to confirm entry.
Therefore, for the lower range points, you can still refer to these two positions: 3918—3838. This is the closing position of the bullish candlestick in the 12-hour timeframe and can also serve as the first defense position for the bulls.
