GM frens ☺️

ETH failed to consolidate above 20EMA, we are trading near the upper boundary of 3450 level. Now it is extremely important to break through 3500 and consolidate there until the end of the week. News background is multidirectional.
Analysts' opinions:

The main expectations of experts are related to the approval of spot Ethereum-ETFs, which may lead to a significant inflow of institutional capital and an increase in ETH prices. However, the Ethereum exchange rate will also be influenced by macroeconomic factors such as inflation and credit policy in the US. In a bear market, the ETH exchange rate may remain volatile, with support and resistance levels in the $3,000 - $3,800 range.
As usual we don't listen to analysts, we buy!
Shields up! 🛡️