Analyst: Ethereum Could Drop to Around $4270 to Find Support

BlockBeats News, August 29th, according to crypto analyst Lennaert Snyder, Ethereum's next key support level to watch is $4270. If Ethereum can hold above this level and "confirm" support, then considering a long position would be reasonable.

「If $4,270 is breached, one can consider opening a short position. Deeper liquidity can be found around $3,950, and if a reversal signal occurs, that area is a key support level to watch for a potential long opportunity.」