Ethereum Market View - #ETH
The Ethereum daily chart shows a bullish OB with a significant amount of chips, basically representing the cost range for most second-entry participants. Therefore, the price reaching this level has strong support and is not easy to break down. The key resistance level is at 3540, where the first breakout was rejected, and there is still pressure above. So, it is highly likely to oscillate and accumulate between the daily OB and 3540.
Short-term resistance: 3653-3725, 3820-3900
Short-term support: 3000-3150$ETH