Recently, this market movement has been quite interesting. This morning, Ethereum surged sharply from a low point to nearly $90, directly reclaiming the $3000 level, currently hovering around $3001. Many are debating—Is this the true start of an upward trend, or is it a trap set by the bulls? Can it continue pushing towards $3035, or even challenge $3080?

From a fundamental perspective, Bitcoin broke through $89,000, and Ethereum retook the $3000 mark, with 24-hour gains of 1.63% and 2.1%, respectively. These numbers seem ordinary, but the market signals they reflect are quite clear—both major cryptocurrencies breaking through simultaneously indicate that capital is rotating among mainstream coins, and market enthusiasm hasn't truly cooled down. This resonance effect often attracts more cautious investors to enter, providing the liquidity foundation needed for subsequent market movements.

Looking at technical details, analyzing the 1-hour candlestick chart, the resistance levels are relatively clear: the first resistance is around 3035, then 3080, with the strongest resistance zone near the previous high of 3222. On the downside, the first support must hold at 2983; if it breaks, 2940 becomes the last bottom support.

In terms of volume, this morning's rally was accompanied by increasing trading volume, with green bars clearly strengthening, indicating active buying interest. However, the RSI indicator has entered the overbought zone, suggesting short-term pullback pressure may be released. Meanwhile, the MACD is brewing a death cross turning into a golden cross signal; once it truly forms, there may still be opportunities ahead.