#Ethereum# Currently in a sideways consolidation process at around $3,470 level. Technical indicators are approaching oversold conditions, which indicates a potential short-term response. In case of resistance break, a move towards the $3,900–4,000 range is possible. On the other hand, a close below the $3,400 level, which is the support zone, could bring the downtrend scenario to the agenda. There is a strong structure targeting $4,100–4,200 and beyond in the medium term; it may be necessary to be prepared for high volatility according to the scenario. $ETH

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