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Ethereum at $3,950: Waiting for Confirmation
I'm noting Ethereum near $3,950.
I view this level as a short-term pivot — a clear breakout above or a decisive rejection will shape my bias.
I'll wait for volume confirmation and a clean setup before taking a position.
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Analysis
Price near $3,950 sits around recent support/resistance; momentum and volume are the key determinants for whether ETH resumes its uptrend or pulls back, so indicators and candle structure should guide...
Recommendation
Watch price action and volume at this level; avoid new positions until a decisive breakout or a confirmed rejection with a favorable risk-reward setup appears.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.