Ethereum Market Reference Suggestions for August 11th Morning
Pay attention to 4216 and 4134 here in the 1-4 hour timeframe. As long as Ethereum's pullback does not break the main trend, it remains in a bullish position. There is a high probability of a fluctuating upward trend. If it breaks below 4134, then we need to be cautious of 4-hour pullback risks, and support levels to watch for rebound buying opportunities are around 4010-4020.
Support levels: 4150-4015-3960
Resistance levels: 4275-4340-4405
(+/-5 reference)