From the daily level of Ethereum, the highest price last night reached 3744.3, breaking through the previously mentioned resistance level of 3719. The next target for Ethereum will be to test the resistance level around 3908. If 3908 is broken, the price will aim for above 4000.

Currently, the long positions in Ethereum are still held. From the hourly level, the short-term support position is at 3609 USD. After the price reached the short-term low of 3609 USD, there were two spikes in the following hours that did not break below this level. So as long as Ethereum does not drop below 3609 USD, long positions can continue to be held.

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