Recently, Ethereum's market has attracted attention. From a Technical Analysis perspective, the pullback on the hourly chart of Ethereum seems to have completed the ABC pattern. In the coming days, the market is expected to form a bottom support near $3400. This price range ($3380-$3400) could be a good buying opportunity.

If the price can break through the resistance level of $3520, it may return to fluctuate within the range of $3880-3530. However, the current market trend still requires cautious observation.

From the daily chart perspective, the market seems to have completed the fourth wave adjustment. As for whether the fifth wave can form, further observation of market trends is needed. In such an uncertain environment, investors should remain vigilant and keep an eye on market changes.

It is worth noting that the cryptocurrency market is highly volatile, and investors should fully assess the risks before making any decisions. While technical analysis provides some market insights, external factors such as regulatory policies and macroeconomics can also have a significant impact on prices. Staying calm and rational, and implementing effective risk management, is crucial for achieving success in this market full of opportunities and challenges.