Ethereum shows a significant anomaly in its market. The 30-minute trading volume surged by 128.9%, and the current price is consolidating at 3234.31 USDT.
From a technical perspective, the key support zone on the 1-hour chart is locked between 3201.91 and 3210.02, only 0.79% away from the current price. This level is a recent bullish defense line and also the golden entry zone for long positions.
The trading strategy is clear—consider entering long positions around 3201.91, with the target resistance at 3266.0.
The key signal here is the abnormal increase in trading volume. Historically, a sharp surge in volume often precedes a market move. When chips accumulate and turnover accelerates, it usually indicates that the major players are brewing the next wave of market action. Therefore, closely monitor Ethereum's trend to see if the volume can be sustained, as this will determine whether the resistance can be broken in the future.
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LiquiditySurfer
· 20h ago
Trading volume surges by 128%? This wave is about to rise, it seems like the main force is holding back a big move.
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SurvivorshipBias
· 01-08 12:15
Trading volume soars by 128%? Is this really the start of a rise or just another false breakout? It depends on whether the trading volume can hold up.
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0xSleepDeprived
· 01-08 11:56
Trading volume surges by 128%? This time it's really not a fake boost, right? Feeling a bit anxious.
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TaxEvader
· 01-06 12:50
With such strong volume, it feels like a move is coming, just not sure if it's up or down.
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SerumSquirrel
· 01-06 12:36
With such a strong increase in trading volume, it feels like a move is coming. Let's see if it can hold the 3201 level.
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Rekt_Recovery
· 01-06 12:31
volume spike got me sweating ngl... last time i saw this kind of action i got liquidated into oblivion lmao. but fr tho, that support zone looking juicy if it holds, just... position size responsibly yeah? my liquidation ptsd is acting up again
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ChainWanderingPoet
· 01-06 12:28
Whether the volume expansion can be sustained is the key; otherwise, it will just be another false alarm.
Ethereum shows a significant anomaly in its market. The 30-minute trading volume surged by 128.9%, and the current price is consolidating at 3234.31 USDT.
From a technical perspective, the key support zone on the 1-hour chart is locked between 3201.91 and 3210.02, only 0.79% away from the current price. This level is a recent bullish defense line and also the golden entry zone for long positions.
The trading strategy is clear—consider entering long positions around 3201.91, with the target resistance at 3266.0.
The key signal here is the abnormal increase in trading volume. Historically, a sharp surge in volume often precedes a market move. When chips accumulate and turnover accelerates, it usually indicates that the major players are brewing the next wave of market action. Therefore, closely monitor Ethereum's trend to see if the volume can be sustained, as this will determine whether the resistance can be broken in the future.