As for the current market, from the hourly level, we can see that Ethereum has gone out of the four-day positive pattern, and it is still continuing; the point has broken through the first pressure level of 3420, and is currently in the process of trying to overcome the pressure levels of 3480 and 3520. The intraday market basically remains above the 100-hour simple moving average, and the price has broken through a downward trend line near 3390 before the afternoon. It has shown a certain recovery momentum and started a decent rebound from around 3350. Not only did it successfully break through the 3400 mark, but it also performed better than Bitcoin, with the highest point reaching 3487, which also added some confidence to the bullish groups in the market.

　　On the upside, the primary pressure currently faced by Ethereum is around 3480. The first major pressure level is around 3500, and the next important level is 3520. If the subsequent market can stand above 3520, then Ethereum may further rush to the pressure level of 3550. The next key pressure is at 3620. Once it breaks through, the price is expected to rise further, and may even touch the pressure zone of 3740. On the other hand, if Ethereum fails to break through the 3480 resistance level, the price may fall again. The initial downward support is around 3420, while the first major support level is in the 3400 area. If the subsequent decline continues, the price may reach the 3240 level in the short term. #币安合约锦标赛 #MegadropLista #美联储何时降息？ $BTC $ETH $BNB