The Ether daily chart yesterday rose from a low of around 3675 to a high of around 3835, closing near 3810. The support level is at around MA14; if it breaks down, we can look towards approximately 3590. A pullback can be used to enter long positions nearby. The resistance level is at around 3885; if it breaks through, we can look towards around 4000 points. A rebound to the vicinity can be used to enter short positions. The MACD shows an increase in short positions, forming a death cross. On the four-hour chart, the support level is at around MA60; if it breaks down, we can look towards MA90. A pullback can be used to enter long positions nearby. The MACD shows a decrease in short positions and indicates signs of forming a golden cross pattern.

ETH-5.73%
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