According to CoinStats, the cryptocurrency market is experiencing growth, with Ethereum (ETH) rising by 1% since yesterday. On the hourly chart, ETH is approaching a local support level of $3,303, and if it breaks out, there may be a test of the $3,250 zone soon. On a larger time frame, sellers are attempting to take control, with a potential correction to the $3,100-$3,200 range by the end of the week. In the midterm, neither bulls nor bears are dominant, leading to ongoing sideways trading between $3,100 and $3,300. At the time of writing, Ethereum is trading at $3,275.



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