Ethereum (CRYPTO:ETH) grapples with a tight trading range, oscillating between $3,642 and $3,714 as of June 10, 2024.

Short-term volatility is evident on the 1-hour and 4-hour charts, with support at $3,642 and resistance at $3,722.

While the daily chart indicates a downtrend with key support at $3,570 and resistance at $3,889, mixed signals from oscillators and moving averages suggest cautious trading.

Long-term moving averages favor buying opportunities around $3,570, while short-term indicators and recent selling pressure warrant a bearish outlook, urging traders to exercise caution or consider short positions.