Ethereum ( ETH ) is currently trading in the key resistance range of 3,050-3,080, which has previously triggered price reactions multiple times and has now become an important decision zone.
The overall structure remains bullish above the rising trend line, indicating that the higher low structure is still intact.
If a valid breakout occurs and holds above the resistance level, it may drive the price to operate in the range of 3,200-3,350; conversely, if it encounters resistance and falls back, it may retrace to 2,850-2,900 to seek trendline support.
——I tried to short BTC and ETH today, and I feel that the bulls are stronger! Can't short it down 😦
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Ethereum ( ETH ) is currently trading in the key resistance range of 3,050-3,080, which has previously triggered price reactions multiple times and has now become an important decision zone.
The overall structure remains bullish above the rising trend line, indicating that the higher low structure is still intact.
If a valid breakout occurs and holds above the resistance level, it may drive the price to operate in the range of 3,200-3,350; conversely, if it encounters resistance and falls back, it may retrace to 2,850-2,900 to seek trendline support.
——I tried to short BTC and ETH today, and I feel that the bulls are stronger! Can't short it down 😦