The market has turned red, with the price of Ethereum falling by 0.41% over the past 24 hours. On the hourly chart, the price of Ethereum is rising after a false breakout of local support at $3,874. If the daily bar closes near resistance, there may be continued growth to the $3,980-$4,000 area over the weekend. On the daily time frame, Ethereum's price is going up, and traders should pay attention to the vital zone of $4,000. If a breakout occurs, there may be a test of the resistance at $4,087. The weekly chart shows a bullish picture, and if the candle closes around $4,093, there may be enough energy for a surge to the $4,400 zone. Ethereum is currently trading at $3,944.



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