Ethereum has rejected relative highs. Many of us had highs hopes for the $4K handle, which would have been a strong sign that we were ready to make new highs again. We are seeing strong support from our level at $3646, finding support just above it, as confirmed by a green triangle on the KRI. In fact, we have already retraced about hald way through the vacuum zone between $3646 and $3861, which is a good sign. Watch that lower level because if it does not hold there is a vacuum zone back to $3473.
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