Update.........
#### **General Trend**
On the 4-hour chart, the price of ETH shows a strong upward trend in the past hours. The price has risen from $3,244 to over $3,456, reflecting clear positive momentum and strength on the buying side.
#### **Current Resistance**
- The main resistance currently lies at **$3,500 - $3,550**, an area that may face strong resistance as it approaches.
- If ETH manages to break through this area and maintain a close above it, it could resume the upward trajectory towards **$3,700** and above.
#### **Current Support**
- The main support is currently at **$3,380 - $3,400**, a level that has been tested several times without a significant drop below it.
- If ETH breaks below this support, it could lead to a temporary downward correction towards **$3,300** levels before any potential rebound.
#### **Expected Opportunities and Scenarios**
- **Upward Scenario**: If the price stabilizes above $3,400, the path will be open to move towards $3,500 and beyond.
- **Downward Scenario**: If it records a real drop below $3,380, we may see some temporary pullback towards $3,300 before regaining upward momentum.
#### **Summary**
ETH is in a strong upward trend on the 4-hour time frame, with significant support around $3,380 - $3,400. If you're looking to buy, these support levels could be a good opportunity for a safe entry, while monitoring a breakout above the resistance at $3,500 to confirm an extension of the rise.
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