The price movement of Ethereum (ETH) is at a critical moment. Currently, ETH is showing a rising rebound trend on the four-hour chart, but its sustainability remains unclear. Market participants should closely follow the $3600-$3630 range, which is the current main resistance level. If this level is broken, the next important target price will be $3720.

According to technical analysis, it is expected that the ETH price may test around 3720 USD before this Wednesday. However, a Rebound may occur later in the week. For short-term traders, 3450 USD is an important support level, and if it falls below this level, the next follow point will be around 3400 USD.

For investors who have established long positions, it is recommended to set stop-loss orders to protect profits, while continuing to hold and observe. For traders who have not yet entered the market, suitable entry opportunities can be sought based on market trends, whether going long or short.

It is important to note that the cryptocurrency market is highly volatile, and investors should act cautiously when making any trading decisions and implement risk management. At the same time, continuously following market news and macroeconomic factors is also crucial, as these factors may have a significant impact on ETH price.