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I've been out of town these days. Sharing the recent Ethereum market trend. From a technical perspective, after this surge, there has been a pullback. The key support level is around 3085 — this level is very important. As long as the price stays above this support, there is still a chance for further upward movement. But conversely, once it breaks below 3085, it could trigger a chain reaction, leading to a significant correction.
I recommend everyone to monitor order placement opportunities near this support level based on your own positions and risk preferences. Market changes happen quickly — either hold the support or break through it, there is no much gray area in between.