Ethereum Market Perspective
Ethereum has climbed again and seems to have reached a rather critical resistance level—around 3550. However, it is worth noting that it has failed to break through this barrier on two attempts. To truly break through the pressure of the 4h EMA moving average, Ethereum must hold above 3600 to confirm the continuation of this trend.
Observing Ethereum's current trend, it is not difficult to see that it is gradually showing a strong posture. Despite fluctuations in the exchange rate, Ethereum's takeoff seems inevitable. It is like a rocket poised for launch, waiting for that moment of ignition to soar into the sky.
In the current situation, we need to closely monitor the support level of 3410 below $ETH , as well as the resistance level of 3580 above. These two positions may become key points for Ethereum's future trend. Let us wait and see, hoping that Ethereum can spread its wings again and create new brilliance.
