Ethereum Weekly Review: Focus on the 3330 Key Level

This week, Ethereum oscillated and accumulated between 3310 and 3050, with the lows gradually rising. The weekly chart has approached the critical resistance zone near 3330, which is the dividing line between bulls and bears.

As long as volume increases and it breaks above and stabilizes at 3330, the upward potential will open up, with the next target at 3500. The 3050 level below becomes the new support line; a break below would indicate short-term weakness.

You can enter long positions at 3070, add once at 3030, and accept losses if it drops to 3000. Targets are sequentially 3330 and 3500.