Brothers, the market is about to do something tonight!!!
Ethereum has been stuck at this key position of 2550 for quite a while. Is it going to break through or is it a trap to lure in more buyers?
1. Three attempts, third time's a charm!
This rebound of Ethereum has been pressed down near 2550 three times, and each time it reaches this point, it weakens.
But this time is different—Bitcoin has already led the charge breaking through the starting point of the decline. If Ethereum hesitates again, it will truly be hopeless!
If it can't break through 2555 with momentum tonight, it might have to return to test support in the short term.
Don't think that surpassing 2550 means everything is smooth sailing! The real challenge is at 2600, and beyond that lies the daily MA200 moving average (2659).
— This line is the dividing line for bulls and bears for Ethereum this year. Every time it hits here, it either surges or plummets.
Are the main players really trying to break through or just pretending to pump?
Keep a close eye on the changes in trading volume here!
The market changes rapidly, and the analysis above needs to be dynamically adjusted based on real-time indicators. Specific entry positions will be announced internally.
