The price of Ethereum (ETH) is experiencing a V-shaped recovery, with the potential to surpass $3,250 and even reach $3,415. After temporarily dropping below $3,000, Ethereum has regained ground and currently trades at $3,235. The rebound reflects growing market confidence, and the 4-hour price chart shows a strong bullish signal with a price surge of 11% from the recent low. While Ethereum's recovery may face resistance levels, the bullish divergence in the 4-hour RSI line suggests strong support. The recent net inflow of $1.15 million into Ethereum ETFs also indicates a positive shift. The next resistance level beyond $3,244 is $3,415, with the 50 and 100 EMA lines acting as dynamic resistance. Key support levels include the 20 EMA at $3,210 and the psychological $3,000 mark.



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