#ETH

ETH Market Analysis

Ethereum's recent performance has been quite good, and it feels like it is on the verge of a breakout, but it just hasn’t happened yet! Despite yesterday's drop, Ethereum has remained strong within the range and is currently showing very strong support at 3300! It seems that if it weren’t for Bitcoin's pressure, Ethereum would have taken off by now, so let's wait for the surprises Ethereum will bring!

In terms of performance: looking at the smaller time frames, it has maintained a strong stance, waiting for the ignition of a breakout. Keep an eye on the strong support levels; currently, it has shown very strong support at 3300, and also pay extra attention to the previously mentioned support line at 3270. On the upside, watch 3430, which still couldn't be broken through yesterday!

Operating advice: Focus primarily on buying low, with a short-term focus on the positions of 3300 and 3270, while the pressure remains at 3430 above!