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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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Dare to trade. Dare to win.
Today, the Ethereum (ETH) market is showing a pullback trend, with the rise yesterday approaching the expected upper limit. In the short term, $3707 has become a key resistance level; if it cannot be broken, investors should follow the support level between $3650 and $3516. This range may provide volatility arbitrage opportunities.
If the price breaks above $3707, the next important resistance level is between $3840 and $3905, with a daily high possibly reaching $4060. Conversely, if it falls below the support level of $3516, it may test the support range of $3380 to $3320, with a low potentially dipping to $3160.
The market is currently at a critical juncture, and investors need to closely follow price movements, especially the performance at the aforementioned key levels. It is important to reasonably grasp the opportunities in the range fluctuations while being vigilant about potential significant volatility after a breakout. When making trading decisions, it is advisable to combine other technical indicators and fundamental factors to gain a more comprehensive market insight.