Ethereum (ETH) Future Trend Analysis:

Currently, the price of Ethereum (ETH) is around 3691.8. If it can solidify above 3702.3, it is expected to usher in upward space and reach the target price. Here is a detailed analysis:

- Key Price Levels and Technical Aspects: The purple box represents the key points of the last upward movement, the blue line is the current downward pressure line, and the light blue line is the key support area of the previous wave. From a technical perspective, if ETH breaks through 3702.3 with increasing trading volume, it may open up a new round of upward momentum.

- Current Situation: The ETH price is above the downward pressure line, which is different from the previous trend. If the price can maintain within this range and the lows gradually rise, the breakthrough will guide the price towards $4100.

- Breakthrough and Pullback Risks: If the price fails to break through 3702.3 and the highs remain constrained by the downward pressure line, with the lows approaching that line again, the market may enter a consolidation phase. In this case, the defensive point should be set at the low point when the downward pressure line was first broken. If the price falls back 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 breakthrough may lead to an upward movement, while being blocked could result in a consolidation phase. #ETH🔥🔥🔥🔥