Ethereum (ETH) is currently at a critical price point, and market participants are closely watching its movement. The current price is nearing the important resistance level of $4330, which is viewed as the critical point for a neckline breakout. If this level is strongly breached, we may witness a significant upward trend, potentially ranging from $200 to $400. However, if it fails to break through, a short-term correction may occur to consolidate the current position.

Today's trading focus will be on whether it can break through the key price level of $4330 with increased volume. Market participants generally believe that the accompanying trading volume is crucial for confirming the validity of the breakout.

It is worth noting that if the breakout attempt fails and the price falls back to the low point of the right shoulder (around $4200), then the current bullish pattern may fail. In this case, the possibility of ETH continuing to weaken cannot be ruled out.

Overall, the current trend of Ethereum is at a delicate balance point. Investors and traders should closely monitor price movements and changes in trading volume to timely grasp market trends. Whether it's a breakout or a pullback, it could present important trading opportunities for market participants.