Ethereum market view:
Ethereum, whose price has been rising, seems to have hit a critical pressure point - around 3550. However, despite Ethereum's strong willingness to rise, it failed to successfully break through this important level in two attempts.
To truly confirm the continuation of the upward trend, Ethereum needs to show stronger momentum, stand above 3600, and successfully break through the pressure of the 4-hour EMA moving average. Only then can the trend be confirmed to continue.
In the current market situation, we need to pay close attention to the support level of 3410 below and the pressure level of 3580 above. These two key positions may become important factors in determining the future trend of Ethereum.