We previously analyzed the breakout and pullback confirmation stage. The current price is 2,953, which just falls within the key support zone (2,950-2,980) that we have repeatedly emphasized; this is a critical position that determines the short-term direction.
Minor support risk: If the price drops sharply below 2,920 with increased volume, it indicates a failed pullback, a weakening short-term structure, and the need for decisive stop-loss and a shift to a defensive stance. The next support is at 2,850.
Upward resistance remains: Even if a rebound occurs, 3,000 and 3,050-3,100 are still strong resistance zones, making it difficult to break through in one go. Pay attention to phased profit-taking.
Overall market sentiment: Still need to monitor Bitcoin's trend; if the main market weakens, ETH will find it difficult to move independently. #金价突破5200美元 $ETH
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
We previously analyzed the breakout and pullback confirmation stage. The current price is 2,953, which just falls within the key support zone (2,950-2,980) that we have repeatedly emphasized; this is a critical position that determines the short-term direction.
Minor support risk: If the price drops sharply below 2,920 with increased volume, it indicates a failed pullback, a weakening short-term structure, and the need for decisive stop-loss and a shift to a defensive stance. The next support is at 2,850.
Upward resistance remains: Even if a rebound occurs, 3,000 and 3,050-3,100 are still strong resistance zones, making it difficult to break through in one go. Pay attention to phased profit-taking.
Overall market sentiment: Still need to monitor Bitcoin's trend; if the main market weakens, ETH will find it difficult to move independently. #金价突破5200美元 $ETH