Ethereum’s Cancun upgrade is imminent, the exchange rate continues to strengthen, and as time goes by, the key support levels of the market are also moving upward;

Judging from the 1h market, the short-term support in the 2900/2910 area below has been tested many times, and there is a certain acceptance. The repeated pullbacks during this period are just to wash away the chips of retail investors in the middle.

Ether is mostly near 3012 during the day, with a defense of 2979. Target 3065/3110.