Deep Tide TechFlow News, on December 25, cryptocurrency analyst Satoshi Flipper posted on the X platform stating that once the price of Ethereum flips the psychological barrier of $3500 to a resistance level, it may gain more upward momentum.
He noted that the ETH price is now trying to turn the $3500 level from a resistance level to a support level, as expected. The psychological number of $3,500 has attracted more attention from retail investors, but if ETH cannot break through this barrier, investor sentiment may be negatively impacted.