Ethereum's daily line once again touches this key resistance area. Bitcoin continues to create new highs, and last night Ethereum was also unable to hold back, directly starting a补涨 trend.

However, despite the considerable emotional liquidity obtained, it failed to break through the key point of 3400 in one go. Currently, it is mainly in a small-level high position oscillation pattern.

After waiting for the accumulation process to complete, once the selling pressure is fully digested and there is sufficient liquidity supply, Ethereum is likely to achieve an upward breakthrough.

If Bitcoin experiences a pullback or the market liquidity supply is insufficient, Ethereum may go down to conduct accumulation operations.

Within the range of 3000 to 3400, there is currently a certain degree of long and short game space.

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