Ethereum's performance yesterday was quite solid, clearly showing resilience against the broader market. The 3280 level held firm and didn't break, then quickly rebounded to near the previous day's low. Overall, the trend still looks quite steady.
The current approach is to wait and see. When Bitcoin reaches the ideal entry zone, Ethereum will follow suit and enter the market together, there's no need to rush. After all, the two are correlated, so better to get on board together.
The support levels below are temporarily set between 3220 and 3250. If these can't hold, then a reassessment will be necessary. There's no rush to buy in the short term; it depends on whether the broader market gives an opportunity. If the price can stabilize around this level, the potential for a rebound looks quite promising.
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TopBuyerForever
· 14h ago
3280 hasn't been broken yet, which is really a signal. The resistance is stronger than I thought.
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SleepTrader
· 14h ago
Not breaking 3280 is a good sign; it all depends on when Bitcoin will set the pace.
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StakeTillRetire
· 14h ago
3280 not broken, really stable. Just waiting to see when Bitcoin gives a signal.
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DegenGambler
· 14h ago
It's good that 3280 wasn't broken; holding the support level is the key.
Ethereum's performance yesterday was quite solid, clearly showing resilience against the broader market. The 3280 level held firm and didn't break, then quickly rebounded to near the previous day's low. Overall, the trend still looks quite steady.
The current approach is to wait and see. When Bitcoin reaches the ideal entry zone, Ethereum will follow suit and enter the market together, there's no need to rush. After all, the two are correlated, so better to get on board together.
The support levels below are temporarily set between 3220 and 3250. If these can't hold, then a reassessment will be necessary. There's no rush to buy in the short term; it depends on whether the broader market gives an opportunity. If the price can stabilize around this level, the potential for a rebound looks quite promising.