This morning, Ethereum once again demonstrated strong momentum, continuing a clear upward trend. After consolidating around the 3120 region earlier, the price showed a stepwise ascent, reaching above 3380 this morning, currently stabilizing around 3330, with outstanding intraday gains.
From the market structure perspective, after breaking through the previous important resistance zone, trading volume increased in a coordinated manner, indicating that the current rally is supported by solid capital participation rather than short-term emotional driving. Market attention significantly increased after surpassing the 3300 threshold, with some previously cautious buyers gradually entering the market. The short-term trend remains dominated by the bulls.
Recommendation: go long around 3300 and 3270, with the first target at 3400, and a breakout target of 3560.
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This morning, Ethereum once again demonstrated strong momentum, continuing a clear upward trend. After consolidating around the 3120 region earlier, the price showed a stepwise ascent, reaching above 3380 this morning, currently stabilizing around 3330, with outstanding intraday gains.
From the market structure perspective, after breaking through the previous important resistance zone, trading volume increased in a coordinated manner, indicating that the current rally is supported by solid capital participation rather than short-term emotional driving. Market attention significantly increased after surpassing the 3300 threshold, with some previously cautious buyers gradually entering the market. The short-term trend remains dominated by the bulls.
Recommendation: go long around 3300 and 3270, with the first target at 3400, and a breakout target of 3560.