When the price of Ethereum was around 3100, I mentioned it was in a consolidation phase and expected the weakest case to see 3350, and in a strong case, it could reach 3600.
After a week, the price reached the target as expected. Currently, Ethereum has arrived at a key position, and whether it can break through 4000 depends on the changes in the smaller structural levels.
In the current situation, as long as Ethereum does not drop below 3250, there is still a chance to break above 4000 at any time.
However, the probability of a one-time breakthrough around 3600 is relatively low.
It is recommended that spot investors hold their positions with peace of mind, while contract investors should be cautious and pay attention to risk management.
