This morning I shared that Ethereum must突破 the 3000 mark and stand above the key position of 2943! Throughout the day today, it has been fluctuating below 2943. From a fifteen-minute perspective, it is clear that this 2943 defense line is being strongly suppressed, indicating that the selling pressure above is significant! Therefore, a large bullish candle on the hourly level is needed to break through this defense line. Tonight, we will see what the market does; if it performs well, it could make a concerted effort to reach the key position of 3050! Otherwise, it will continue to linger below 2943 and keep consolidating!

Ethereum has undoubtedly been the star these past few days, rising from the bottom of 2357 on the 4th to 2954 today, an increase of nearly 600 points! Only one step away from breaking the 3000 mark! In fact, most of my articles these days have focused on ETH. If you have been seriously reading my analyses, you most likely would not have missed this market opportunity! Alright, back to the main point, let’s continue with the valuable insights! In yesterday morning's article, I provided two key levels: 2864 and 2943, with almost no error! The article also suggested brothers to consider taking profits in stages at these two levels! Currently, ETH is under pressure at 2954 and is making a small-scale pullback! Keep a close eye on the two important supports: 2864 and 2818! As for whether it can charge toward 3000 in one go, ETH must firmly stand above 2943 to further rally. So, I will give another key level: 3050! #eth