Ethereum has finally launched an independent market, exhibiting a rare strong performance recently. Last night, the market first experienced a deep pullback, with Ethereum's retracement clearly weak, only briefly touching the 3030 line before finding support. Overall downward momentum is significantly lacking.
As midnight approached, the rebound quickly started, with Ethereum showing a small one-sided upward trend, peaking at 3240 USD, significantly outperforming Bitcoin.
Although Ethereum showed strong performance at one point, the upward momentum has weakened as it approaches the previous resistance zone. During the day, attention is on the 3050-3080 support level, maintaining a strong bullish outlook above. If it breaks down, it may pull back to around 3000/2900 before rising again. If it breaks through the 3200/3250 resistance, it will challenge 3400.
