Ethereum (ETH) has fallen below key support levels on the 1-hour chart and has broken diagonal support. This means that the recovery to a clear bull market in the short term may be delayed.
At present, the price of ETH is not far from the support level, but it still faces certain challenges to successfully stand firm and return to the ideal upward trend. Therefore, it is necessary to be particularly cautious when making layouts in the range of $3100-3200.
Investors should pay close attention to market dynamics and flexibly adjust trading strategies according to actual conditions to avoid potential risks.
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