ETH is currently fluctuating around 4000

Short-term resistance levels are at 4045 - 4070 - 4099. Starting now, it must consistently rise over the next four hours.

Otherwise, upward momentum will be insufficient, selling pressure will increase, and ETH will fall back to support levels.

The Ethereum Foundation is still continuing to sell ETH, although the scale is small and the quantity is limited, it is still worth tracking for investors.

If ETH loses short-term support in the range of 3988 - 3960 - 3910, the downward trend may increase and liquidate long positions. Therefore, the current price needs to be maintained and tested against resistance levels. A closing price below 3980 on an hourly basis indicates negative support.

When ETH drops, altcoins will suffer greatly, so focus on ETH tonight.