Ethereum’s short -term future depends on how it reacts to two main areas. If the price continues to maintain more than $ 3,500 and successfully, it could prepare the field for a rally at $ 3,800 and possibly $ 4,000. A fence greater than $ 4,000 would be a strong Haussier signal, opening the door to targets close to $ 4,200 to $ 4,800 depending on the previous summits.
On the other hand, if the price drops below $ 3,500 and does not recover, Ethereum could revisit $ 3,400, or even $ 3,200. However, analysts believe that any decline towards these areas would probably be temporary, as long -term buyers use DIP to accumulate.
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