IMO it is very difficult to say what will happen next, which is why I am trading in LTF ! I think we will know more when we see how BTC behaves at 50k .
Until the 4h ETH chart it shows us bearish Divergences .
If we look at the 1d chart, we see that ETH is fighting with 1d MA20. If this fight is lost, 1D MA50 (in white) serves as Support. From 36k to 36.7, VPVR also shows us a Volume low, usually this area also serves as a Resistance.
I would like to mention that all I post are just options and my own opinion!
Always trade with SL, and do not risk more than 1% of your portfolio (max 3%) per trade.
If you have any questions, let me know
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