From the analysis of the daily K-line performance, the ETH price can be defined as a range of box fluctuations when it is between 3419 - 3040.
At this moment, the key potential support below is the upper boundary of this box, which is the price level area of 3419.
As long as the ETH price can remain stable above the 3419 area, it can be determined that the upward trend in the daily K-line remains intact and has not been damaged;
Once the price breaks down through this area, ETH will once again fall into a range-bound market pattern.
Therefore, at this stage, the focus should be on this key position of 3419.
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