Ethereum's recent performance has been noteworthy, breaking through the important threshold of $3455, and then approaching the resistance area of $3530. This trend is highly in line with market expectations, bringing considerable returns to investors who seized the opportunity in a timely manner. However, market participants should not celebrate too early, as whether it can hold above the $3530 level today will be a key factor in determining the short-term trend.

The recent surge in prices is driven by both technical and fundamental factors. The latest non-farm payroll data fell short of expectations, showing only 73,000 jobs added, far below market expectations. This data directly affected the market's expectations for the Federal Reserve's monetary policy, with the probability of a rate cut in September skyrocketing from 41% to 89%. Meanwhile, large investors are also actively entering the market, further driving the rise of Ethereum.

However, the market still faces significant tests. If Ethereum can hold above the 3530 dollar level, then the target of 3660 dollars will be within reach. Conversely, if it cannot maintain this key position, it may trigger a pullback. Therefore, investors need to closely monitor market movements and act cautiously.

Overall, although Ethereum is performing strongly in the short term, there is still uncertainty in the market. Investors should remain vigilant, pay attention to changes in both technical and fundamental aspects, and manage risks to cope with potential market fluctuations.