The trend of $ETH continues to remain in a downward channel. The current position is at the resistance level of the downward channel, and a death cross has formed on the hourly MACD. I will consider entering a short position at 4316, and if it breaks above 4350, I will consider stopping loss.
The take profit level is set at 4200, with a target starting with 3. Do you think we can see that?
