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Ethereum has closed three consecutive Bullish lines on the daily chart, which looks quite lively, but the Trading Volume is shrinking more and more, clearly indicating that the buying pressure lacks momentum. After the morning close, the price has been retreating all the way, and the current trend is oscillating around 3700. Looking at the hourly level, there hasn't been much buying pressure to push the price up. After the sideways movement in the evening, it is highly likely to continue dipping to find support.


Ether: 3715 short, looking down at 3635, defend 40 points
ETH1.01%
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