Ethereum Technical Outlook: Building Towards $3,500 Zone

Ethereum’s price action shows promising signs of strength as it climbs towards the $3,500 mark, potentially surpassing the previous record high. A sustained rise is observed across various timeframes like the 4-hour, 1-day, and 1-month charts. Confirmation of a breakout requires closing above the crucial level of 3,260, while exceeding 3,353 opens the door to further expansion towards $3,580 and the broader range between $3,500-$4,000.