ETH has reached the upper edge of the uptrend channel, and is currently starting to pull back on the hourly level. We need to see stabilization at the previous support-resistance switch position before the pullback, otherwise we cannot continue the next phase of the uptrend. The key position is in the range of 3550-3520. There has been one pullback test before. A second pullback test will take place, pay attention to the volume and price action of the second test.
Several positions to pay attention to
Support position
First position 3570-3590 (already tested once)
Second position 3537.3
Third position 3494.6
Resistance position
First position 3680
Second position 3720
Third position
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