Key Perspective: Bullish on #Ethereum(ETH) (From: CoinsRadar.Net)
1) ETH price has successfully surpassed $3,000, showing consecutive gains. #内容挖矿
2) The recent high is at $3,120, slightly below the volatility threshold of $3,130, indicating a potential shift to a more stable recovery phase.
3) To maintain the positive momentum, the price needs to stay above $3,000, relying on the upper wedge for support, potentially pushing the 50-day Exponential Moving Average (EMA) higher.
4) Since early December, ETH has risen by nearly $1,000. While further gains are possible, caution is advised around key levels like $3,000, $3,210, or $3,500, which could trigger potential reversals.
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