$ETH has shown solid performance today, hitting a high early at 7 AM and fluctuating throughout the day. With continued momentum, it could push towards $3800, and perhaps even reach $3900. However, market conditions depend on the performance of Bitcoin, as $ETH often follows its movements. The current exchange rate for $ETH is strong, stabilizing at 0.038, but it faces resistance at 0.04. If ETH breaks this level, it could continu its upward trend.

In terms of trading strategy, the focus should be on volume and price behavior. Traders should be ready to take profits if there’s a 30-50 dollar move, but also watch closely for a drop below $3532, which would signal a potential end to the short-term upward trend. Patience and careful risk management, including proper stop-loss settings, are key in these market conditions.