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Ethereum key signals are becoming clearer. After such a long震, it's time for a wave of tides to wash over the market. Daily chart & level analysis!
On the daily level, Ethereum's price structure is in a consolidation phase characterized by oscillation, trading time for space. Supported by continuous spot buy orders below, each deep retracement may attract some institutional absorption. Currently, the resistance zone is 3050-3120. Above is the previous rebound high-pressure zone, which is also the level that needs to be challenged and broken through on the daily chart to open up greater upward space. The current market sentiment can be summarized in one sentence: with big spot players supporting from below, there is fuel to push upward. $BTC $ETH $SOL
Intraday trading suggestions:
Short around 3030-3070, target 2900-2930