ETH/USDT: Critical Levels and Volume Strategy

Observation of the Past Price Behavior:
In the past, we observed that a significant number of short positions were opened in the price range of $3450-$3550.
This caused the price to react strongly and drop from this range.


Important Resistance Level:
If the price returns to this $3450-$3550 range, we should not rush into opening long positions.
Instead, we need to confirm that buyers are overpowering sellers in this area before considering any long positions.


Potential Pullback:
If buyers fail to dominate, the price may drop back to the $3350 level as a correction.


Volume Analysis:
As the price rises, the trading volume is decreasing, indicating a lack of market interest in the upward movement.
If the price reaches the $3450-$3550 range and the volume continues to decrease, it could be a signal to consider short positions instead.


Conclusion:
This analysis is a brief prediction based on current observations. It highlights the importance of monitoring buyer and seller behavior as well as volume before making any trading decisions.