#ETH Market Analysis: Strong Rebound, Breakthrough Imminent!

Ethereum has shown stronger performance compared to Bitcoin recently: smaller decline, faster rebound, and market sentiment gradually warming up, showing signs of 'standing up'. Currently, whales, institutions, and large holders continue to accumulate ETH, which may lead to significant market performance in the short term.

Trend Analysis:

From a smaller timeframe perspective, although there was a slight dip last night, Ethereum quickly rebounded, retesting the resistance line at $3430. After several tests, the possibility of a breakthrough is continually increasing. Once this position is effectively broken, Ethereum is expected to usher in a strong upward trend, which will also drive strong altcoins to take off, entering the altcoin season craze.

Key Levels:

In the short term, it is crucial to closely monitor whether the pressure line at $3430 can be broken and stabilized. If the breakthrough is successful, consider trying a small position for entry, with a short-term target looking towards around $3560. Investors need to flexibly adjust strategies to seize market opportunities!