A speculation on the future trend of Ethereum:
After breaking below the bull market trendline at the beginning of the year, Ethereum has now rebounded back to the position of the bull market trendline and encountered resistance area 1;
I personally believe that the probability of Ethereum breaking through resistance area 1 in the short term is relatively low, and it may first pull back to test the support area before continuing to rise, testing the bull market trendline again, and facing pressure at resistance area 2 (3100-3500);
If the probability of breaking through resistance area 1 is still not low, then the possibility of breaking through resistance area 2 is very small, as the selling pressure in this range is heavier;
Overall, I believe that this wave of Ethereum's market is still just a relatively large rebound, and the probability of making a new high is very low.
