Ethereum has recently started to rebound. From a weekly perspective, the market has emerged from the bottom range, with two consecutive bullish candles forming a U-shaped bottom pattern. As its MACD has completely crossed above the zero line, it is expected to welcome a strong rally, targeting the 3800 resistance level. If it can pull back to around 3450 in the short term, it would be a good opportunity to increase spot positions and take advantage of the low buying opportunity.