Pivot point: 3750
The expected scenario: entering into buying deals at the highest levels of 3750, targeting the $4100 levels.
Alternative scenario: entering short deals below the 3750 levels, targeting the 3400 dollar levels.
Comment: Ethereum is still maintaining the general bullish trend through the bullish price channel, noting that the price took a side trend in the short term, which can be described as an aggregate stage in preparation for the rise. , especially in light of the price consolidation above the moving averages 50 - 100, in addition to a positive deviation in the liquidity flow indicator, which supports the positive outlook for Ethereum trading in the short term.
