Ethereum is also starting to rally strongly. The four-hour chart finally broke above the long-term descending trend line that had been pressing down on it, and the converging triangle channel was also broken, making the move quite decisive.
The current question is: can this breakout hold? Can the repeatedly tested resistance zone at 3050-3080 be effectively absorbed? To be honest, this is indeed the most critical position right now. If it breaks through, there are still many pressures waiting above, but for now, we should focus on this zone. If the breakout is successful, the next resistance level will be at 3250.
Overall, the current bullish momentum is decent, and it all depends on whether these key levels can be truly conquered one by one.
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SmartContractDiver
· 9h ago
Breaking 3050 is just a bluff, I've seen it happen too many times haha
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MaticHoleFiller
· 9h ago
Breaking through is breaking through; it depends on whether 3050 can truly hold, otherwise it's all meaningless.
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GateUser-7b078580
· 9h ago
Data shows that this breakout is a bit suspicious; the 3050 level has been tested many times in previous years. However, the momentum this time seems different... Let's wait and see if it can truly stabilize.
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GasGuzzler
· 9h ago
You really have to tough it out through the 3050-3080 range, otherwise it's just a false alarm again.
Ethereum is also starting to rally strongly. The four-hour chart finally broke above the long-term descending trend line that had been pressing down on it, and the converging triangle channel was also broken, making the move quite decisive.
The current question is: can this breakout hold? Can the repeatedly tested resistance zone at 3050-3080 be effectively absorbed? To be honest, this is indeed the most critical position right now. If it breaks through, there are still many pressures waiting above, but for now, we should focus on this zone. If the breakout is successful, the next resistance level will be at 3250.
Overall, the current bullish momentum is decent, and it all depends on whether these key levels can be truly conquered one by one.