Daily Market Analysis——ETH
Ethereum has encountered the next extremely strong resistance level. It failed to break through during the first attempt around 3500 and was pushed back to the 3350 level, but the retracement was very low. Xianxian believes that the goal of breaking through 3500 can be achieved in a short period of time.
From the daily and weekly charts, the bullish trend continues. The hourly chart is in a short-term retracement state. Once it breaks above 3500, the outlook remains bullish. Recently, old altcoins will continue to take off.
