Ethereum Early Morning Market Analysis Reference for August 6:
1-4 hours we focus on 3644 and 3582, which means that if Ethereum does not break below 3585 on a 4-hour level, the overall trend is still seen as oscillating upward. If it rebounds and stabilizes at 3644, it is highly likely to test the resistance levels around 3715-3720. Conversely, if it breaks below 3585, it is likely to test the support levels around 3500-3510.
Important support around 3400
Important resistance around 3720