Today's Ethereum Market Analysis!
Currently, ETH is still in a strong range consolidation phase, and the short-term technical indicators show that it is poised for a breakout.
If it successfully breaks through the resistance at 3600, the market may strengthen quickly, targeting above 4000.
However, if macroeconomic headwinds (such as the Federal Reserve not lowering interest rates or a decline in market volatility) persist, caution is required for short-term pullback risks.
Resistance Levels - $3,640 - $3,900
Support Levels - $3,500 - $3,540
