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Ethereum (ETH) is currently oscillating within the key range of 3320-3330. This price range is exactly the critical zone I mentioned earlier to watch closely. The next move will be very important—whether it's a genuine breakout or just a rebound.
Currently, there are two main scenarios:
The first scenario is that ETH breaks above 3330 and stabilizes. In this case, the upward trend will continue. Once this level is confirmed to be broken and a pullback finds support, you can consider holding your position.
The second scenario is that the price either continues to oscillate within the 3320-3330 range or quickly drops back below 3320 after reaching 3330, making it difficult to retake 3320. If that happens, it indicates that the rally is nearly over, and you should consider reducing your position or exiting.
In simple terms, 3330 is the critical threshold. Breaking above it signifies a new beginning, while failing to hold means the end. The performance at this level will directly determine the next trading plan.