We will not open a long position on $ETH

ETHUSDT

Perp

3,014.8

+3.03%

until it breaks and firmly establishes above $3400. So far, patience is required as the price remains trading below the key resistance.

If $ETH returns to the $3280 zone, we will look for a buying opportunity, as this area is expected to provide strong support once again. Until then, wait for confirmation and avoid early entry.