Ethereum (ETH) Future Trend Analysis:

Currently, the price of Ethereum (ETH) is around 3691.8. If it can stabilize above 3702.3, it is expected to welcome upward potential and reach target price levels. Here is a detailed analysis:

- Key Price Levels and Technical Analysis: The purple box represents the key points from the last upward movement, the blue line is the current descending pressure line, and the light blue line is the key support area from the previous wave. From a technical perspective, if ETH breaks through 3702.3 with increased trading volume, it may initiate a new upward trend.

- Current Situation: The ETH price is above the descending pressure line, which is different from the previous trend. If the price can maintain this range, and the lows gradually move up, a breakout will guide the price towards 4100 USD.

- Breakout and Pullback Risks: If the price fails to break through 3702.3, and the highs remain constrained by the descending pressure line, with lows approaching that line again, the market may enter a consolidation phase. In this case, the defense point should be set at the low point when the descending pressure line was first broken. If the price falls below that line, the consolidation period may be extended.

In summary, the future trend of ETH will depend on whether it can effectively break through the key price range. A successful breakout may lead to an increase, while being obstructed may result in a consolidation phase.#ETH🔥🔥🔥🔥