Ethereum has recently formed a tight range on the daily chart, and the 4-hour chart is already prepared, looking poised for a breakout. The logic behind this setup is quite clear — the current 15-minute RSI is around 57, not yet in the overbought zone, but momentum is building, which is a good signal.

From a technical perspective, the overall structure remains quite clean. The entry zone is approximately between 3289-3300. If a successful breakout occurs, the first target points to around 3326. Continuing further, it could push to 3336, and in extreme cases, even reach 3357. The risk is set below 3263, making the risk-reward ratio 2:1, which is acceptable for short-term trading.

Overall, the risk level is assessed at 5/10, indicating a moderate to lower risk level. If you are monitoring ETH's short-term volatility, this range and price level are worth paying attention to.