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Ether has been consolidating within a range for three consecutive days. The daily candlestick is currently facing resistance at the 3720 level, with support at the 3600 level. The KDJ indicator is still facing downward pressure near 3720, and the Bollinger Bands have narrowed. The candlestick has been unable to break above the middle line at 3770 and has instead been consolidating above the lower band at 3650. Currently, it is creating an atmosphere where the bottom support has stabilized and it is possible to chase rising prices. The MACD indicator is showing decreasing volume and continuous divergence. The candlestick has not fallen below 3630, and we are waiting for a structural change in the market after considering the news. In the short term, we do not consider such a distant level and only pay attention to the situation within the range.