ChainCatcher message, cryptocurrency analyst Satoshi Flipper stated on platform X that once the price of Ethereum breaks the psychological barrier of $3,500, there is hope for more upward momentum.

He pointed out that the ETH price is currently trying to turn the $35,000 level from a resistance level to a support level. As expected, breaking through such psychological numbers like $3,500 attracts more attention from retail investors, but if ETH cannot break through this barrier, investor sentiment may be negatively affected.