ETH Ethereum's first resistance and first support level have been established. Currently, a consolidation zone is forming on the 4-hour chart, and the 1-hour chart is also showing consolidation. Today, pay attention to the level of 3481; as long as the 1-hour level stays above this position, this pullback will end, and we will continue to rise. The targets/resistance levels to watch above are around 3509-3553-3611!
If the 1-hour level cannot stay above 3481 today, then it will continue to pull back or consolidate. The support levels to watch below are around 3455-3423-3391! (3455 is the bottom of the consolidation zone, and if it breaks, the 2-hour level will also start to pull back)