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ETH is demonstrating a typical strong trend on the weekly chart. Since the beginning of the year, the lower boundary of the upward channel has been perfectly respected, and each time the price touches this critical area, it triggers a wave of upward acceleration. Currently, ETH is holding steady around 3.1k, and this position is no exception—will history repeat itself? From a technical perspective, such repeatedly tested support levels often indicate the starting point of the next rally. The strong channel structure combined with multiple bottom confirmations provides ample reasons for the subsequent market movement.