Currently, Ethereum (ETH) is priced at $3.14K, approaching the key resistance zone of $3.030-$3.080. A breakout could see it rise to $3.180. Technical indicators show double bottom and head and shoulders patterns, with MFI and MACD signals both indicating capital inflow. However, caution is advised regarding the support level at $2.960; if broken, the optimistic outlook will no longer hold. The key is whether the breakout opportunity can be seized.