The trend of ETH will be more complex than BTC. The previous surge was mainly due to the weakening of the US dollar (exchange rate factors).

Now, at this early hour, the rise is only about 100 dollars, and the momentum is clearly not strong anymore. At this position, there will be a super exhausting oscillation washout, with a rebound from 2700 to 3400 having already increased by over 25%. I feel that this wave will likely peak around 3580, leaving about 10% of space.

But this 10% will definitely not come easily, as it will make you doubt your life while getting cut back and forth; the upward movement often lasts for just a short while. Since November, trading ETH has become particularly difficult.

Final result: ETH will definitely return to the 1000s (over 1000).