From the daily chart, ETH is still running within the upward channel. The $100,000 mark still hasn’t been broken, but there’s still room for a rebound below. Overall, there’s no major change in the pattern. You can keep an eye around the support level—there might be a chance to enter.

ETH0.31%
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NervousFingersvip
· 12-05 12:12
$100,000 is just a psychological barrier. If it can't be broken through, something just feels off.
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AlphaBrainvip
· 12-05 12:11
Is breaking 100,000 really that difficult? Feels like it's about to rebound again.
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GasWranglervip
· 12-05 12:07
technically speaking, that 100k resistance hasn't been truly tested under actual on-chain volume conditions yet... if you actually analyze the mempool data instead of just staring at pretty candlesticks, the picture gets messier. support zones are fine i guess, but most people miss the transaction throughput implications entirely.
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RektCoastervip
· 12-05 11:45
The key level of $100,000 is truly stuck; whether we can break through depends on the trading volume in the next couple of days.
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