ETH is currently trading at $3,430.12, up 1.62% in the past 24 hours.
The price rebounded from a low of $3,304.63 and is approaching a critical resistance level of $3,444.16.
If ETH breaks above this resistance, it could push the price further up, extending the bullish momentum.
However, if it fails to sustain above $3,400, the price could pull back to $3,350.
Traders should keep an eye on these key price levels and plan their trades with proper risk management strategies to capture potential profitable opportunities.