ETH (Ethereum) Daily Complaints!

Yesterday, Ethereum's performance briefly caught people's attention as it strongly broke through the $3500 mark, demonstrating significant upward momentum.

However, the good times were short-lived; the price failed to effectively stabilize at this level and ultimately returned to a range of consolidation.

This rebound had its highlights, but ultimately failed to break the current sideways situation, so Ethereum still hasn't shed the label of "junk Ethereum", and market sentiment remains cautious.

Currently, the short-term price trend has returned to a state of sideways consolidation.

Ethereum's support level is roughly around $3250, and this price range has become a key support in recent times.

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The pressure from above is evident, with strong selling pressure forming at the $3550 level, limiting further upward potential.

Despite this, market fluctuations remain relatively frequent, and the short-term volatility has left investors filled with doubts about future trends.

However, for medium to long-term investors, there is still optimism that Ethereum can break through $3800 and even challenge $4000 in the future.

Although this target may be delayed due to market adjustments, from an overall trend perspective, breaking through this important psychological barrier is just a matter of time.

Ethereum's future is still full of potential; although the current market situation appears somewhat weak, as the market gradually warms up and more applications are implemented, ETH's breakthrough is just a matter of time, and there is still reason for everyone to expect a stronger rise.