Ethereum is currently testing a critical support level repeatedly. The main focus is on the 3280 price point — this is the key to determining the future direction.
If it breaks below 3280, from the hourly chart's technical pattern, there is a significant gap area that needs to be filled below. In this case, it also depends on how the buy orders at 3150 respond. Whether it can stabilize there is very important.
Conversely, if 3280 holds, the next focus is on whether it can break through the resistance at 3450. These two points essentially determine the recent upward or downward trend of Ethereum.
The market changes rapidly, but maintaining the original intention and adhering to trading discipline remain unchanged. Waiting for clear signals from the technical analysis is the safest choice. For now, it all depends on whether the 3280 defense line can hold.
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Ethereum is currently testing a critical support level repeatedly. The main focus is on the 3280 price point — this is the key to determining the future direction.
If it breaks below 3280, from the hourly chart's technical pattern, there is a significant gap area that needs to be filled below. In this case, it also depends on how the buy orders at 3150 respond. Whether it can stabilize there is very important.
Conversely, if 3280 holds, the next focus is on whether it can break through the resistance at 3450. These two points essentially determine the recent upward or downward trend of Ethereum.
The market changes rapidly, but maintaining the original intention and adhering to trading discipline remain unchanged. Waiting for clear signals from the technical analysis is the safest choice. For now, it all depends on whether the 3280 defense line can hold.