Comrades in the crypto world, tonight the market $ETH resembles a volcano about to erupt, the tension in the atmosphere is becoming suffocating! "3900 is just a smokescreen that confuses people, 3970 is the trump card carefully hidden by the main player!" Tonight, the movement $ETH stirs the nerves of every investor.

Technical analysis: three key levels, a survival game

3970: "hellish barrier" that is hard to overcome

Today, $ETH attempted to attack 3970.60 three times, but each time it was precisely "squelched" at the same spot, as if some mysterious force was preventing it from outside. Over 57.8K ETH has accumulated here, creating strong pressure in the form of a descending trend line at the weekly level, like a heavy yoke.

According to the analysis, if trading volumes in the nighttime market suddenly rise to 2 billion dollars (1.5 times the current volume), ETH may be able to break through this "hellish barrier". But we must be careful with the "spoof orders" of the main player that tempt to buy; it looks like a smooth road, but in reality, it hides danger. Once you enter, you may find yourself in a dead end.

3900: "the arena of life and death" between bulls and bears.