Recently adjusted my schedule, going to bed early and waking up early. The frequency of watching the market has actually increased. Last night, I was surprised to see that when refreshing the price, ETH had already broken through the key resistance level of 3400. The recent trend seems to be entering a relatively mild oscillation range, expected to test repeatedly between 3200 and 3280.
It is worth noting that the 3280 level is very critical. If the price falls below this, the technical support will need to shift perspective. At that point, reverse operations will become more attractive.
From the current trend, it mainly digest the previous gains within the 3200-3400 range. Until there is a clear sign of a breakdown, it is wiser to remain patient and observe rather than rush to judgment. The market often provides the clearest next step during these stalemate periods.
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Recently adjusted my schedule, going to bed early and waking up early. The frequency of watching the market has actually increased. Last night, I was surprised to see that when refreshing the price, ETH had already broken through the key resistance level of 3400. The recent trend seems to be entering a relatively mild oscillation range, expected to test repeatedly between 3200 and 3280.
It is worth noting that the 3280 level is very critical. If the price falls below this, the technical support will need to shift perspective. At that point, reverse operations will become more attractive.
From the current trend, it mainly digest the previous gains within the 3200-3400 range. Until there is a clear sign of a breakdown, it is wiser to remain patient and observe rather than rush to judgment. The market often provides the clearest next step during these stalemate periods.