Yesterday, Black Friday struck, and Ethereum was knocked down, directly dropping 400 points and hitting the daily support around 3430.
From a medium to long-term perspective, the resistance above 3880-3940 is still very significant, as breaking through this level would directly aim for the 4000 mark!
The position at 3430 below should ideally not be broken; otherwise, it would need to head towards the vicinity of 3100.
In the short term, influenced by tariffs, the overall trend remains weak.
For Ethereum today, you can consider going long in the range of 3440-3460,
while the short position can be set at 3560-3580; the volatility is considerable, so ensure to manage your risk and take profits timely to secure gains!