Ethereum Hits New Highs? Breakthrough at $3,450 Resistance Imminent!
Ethereum (ETH) is quietly gaining momentum, starting a new round of recovery from the $3,320 region! It has broken through the short-term descending channel, with the current price above $3,365, closely approaching the key resistance level of $3,450. If this threshold is surpassed, ETH is expected to welcome strong bullish momentum, targeting $3,550, or even higher!
Key Technical Points: ETH has successfully stabilized above $3,250, with prices breaking through the 50% and 76.4% Fibonacci retracement levels, and the current main target direction is $3,450. After a breakthrough, the price could soar to unprecedented highs of $3,650 or even $3,720!
But if it fails to break through: If ETH cannot surpass $3,400, it may face a risk of retracement again, and the support level at $3,320 should not be underestimated; once broken, it could trigger a deeper downward adjustment.
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