#ETHBreakout3.5k Directly to 3880 $ then corrects, or will it correct first and then complete the rise?
For those who want to know Ethereum's direction now, read below to understand the price direction now
🧠 Instant analysis (current price behavior):
✅ Current data:
Current price: ~3595 $
RSI on the hourly/4-hour frame: above 70 → near overbought
MACD is still positive, but momentum has started to weaken a bit in the short term
Trading volume: decreased slightly from yesterday's peak
The candles show hesitation around the 3600–3620 $ area
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📉 The strongest probability now (according to instant data):
📌 Correction first before completing the rise
The price currently seems unable to break the resistance at 3620–3650 $ strongly
There is relative overbought (RSI > 70) on the short time frames
The probability of a correction to 3400–3450 $ before resuming the rise is high at 60–70%
🔁 Expected scenario:
3595 $ ← Temporary corrective drop towards 3420–3450 $ ← Reaccumulation ← Rise towards 3750 then 3880 $
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📈 Alternative scenario (less likely but possible):
📌 The upward momentum first towards 3880 $
If institutional liquidity or unexpected positive news (ETF, regulations) enters, the price may break 3650 $
In this case, it will jump towards 3880 $ before a strong correction occurs
The probability of this scenario currently ~30–40%
⚠️ Note: This scenario may later lead to a deeper correction after reaching 3880 $
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🎯 What to do now? (Smart strategy):
State Proposed plan
At 3450–3500 $ First buying entry (medium support)
At 3400–3420 $ Stronger second entry
Break above 3650 $ Quick entry with a target of 3880 $ and a small stop loss
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✅ Summary:
> The most likely scenario is that Ethereum will first correct to the 3400–3450 $ area, then continue rising towards 3750–3880 $
However, a direct rise to 3880 $ is a viable possibility but it needs strong new momentum
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