December 3rd Ethereum Intraday Market Update Reference

Pay attention to the two positions 3630 and 3662 in the 1-4 hour time frame. If the 1-hour pullback does not break 3630, look for a consolidating upward movement; if the 4-hour holds above 3662, look for a bullish trend, which could likely bring about a wave of resonance行情.

Conversely, if there is pressure near 3662 causing a consolidating pullback, and the 1-hour breaks below 3630, the trend looks bearish.

If it stabilizes, watch for short opportunities near 3590. The strong support level remains around the two positions near 3570-3550.

Support: 3605-3570-3525

Resistance: 3688-3722-3760

Daily line around 3699-3700

Resistance, support near 3515. Important daily pressure near 3885-3890. $ETH