$ETH | $3.044

In the 4-hour structure, the price is currently right at the threshold again.

As long as it stays above the red zone, the first level we will look at is $3.047, and above that, the short-term target is $3.237.

Below that, $2,769 is the main defense.

If it falls below this zone, $2,602 becomes a possibility again.

From our perspective, the direction has not yet been confirmed.

The price is at a decisive stage.

Do you think this movement is a test of an upward breakout, or are we returning to the same range?