📊 **ETH Analysis | 4H and D1 Frame**
• Current price: ~3,730 $
• Current resistance: 3,830–3,860 $ (Previous local high)
• Key support: 3,545–3,500 $, then 3,300 $ if the decline continues
• RSI indicator shows negative divergence.
• Open Interest is high (~28 billion $) with indications of a potential rapid liquidation if the price rejects resistance.
➡️ Positive scenario: Breaking resistance enhances the chance of reaching ~4,000 $
➡️ Negative scenario: Breaking 3,500 $ pushes the price towards 3,300 $
⚠️ Notes: Trading with high indicators (OI) increases pressure in cases of rapid liquidations. This is only an analytical view, not financial advice.
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