#MarketNewHype Short term: Stay cautious as the price is close to a resistance around 4,010 USDT. A clear break above could lead to a new bullish movement. Otherwise, a correction towards 3,985 - 3,950 USDT is possible.
Long term: If you are an investor, monitor the volumes. A resumption of purchases would confirm a new bullish trend.
If you are in position:
Buy if the price exceeds 4,010 USDT with increasing volume.
Stop loss: Place a stop below 3,985 USDT to minimize losses in the event of a correction.
Keep an eye on Ethereum news, as fundamentals also strongly influence the market.