Ethereum faces a critical juncture around key resistance. A successful reclaim of the $2980 level would signal strong bullish momentum for continuation upside. Conversely, if weakness materializes from current price action, expect selling pressure to drive price back toward recent lows. The setup presents a clear binary: either we see buyers step in at this juncture to establish fresh longs, or bears take control and push lower. Watch this level closely—it's the deciding factor for the next directional move.
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Anon32942
· 15h ago
2980 is really the critical point; breaking it or not will directly determine the future trend.
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SignatureVerifier
· 15h ago
nah this "$2980 decides everything" framing is... insufficiently rigorous tbh. binary breakdowns always miss the attack vectors nobody's validating properly yet. statistically improbable we see clean breakout without some sketchy wicks first, just saying
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SchrodingersPaper
· 15h ago
2980, if I can't hold it, I'll just go all-in short, anyway it has to fall
ETH/USD Technical Outlook
Ethereum faces a critical juncture around key resistance. A successful reclaim of the $2980 level would signal strong bullish momentum for continuation upside. Conversely, if weakness materializes from current price action, expect selling pressure to drive price back toward recent lows. The setup presents a clear binary: either we see buyers step in at this juncture to establish fresh longs, or bears take control and push lower. Watch this level closely—it's the deciding factor for the next directional move.