ETH: Oscillating Upward, Breaking Resistance Level
#ETH走势分析
ETH: Oscillating Upward, Breaking Resistance Level
Ethereum (ETH) has shown strong rebound momentum after a brief pullback, with the current price around $4,602. From the latest data, ETH has successfully broken through the previous resistance level, indicating that bullish strength is regaining dominance.
Technical Analysis
Price Trend: After a slight pullback, the ETH price has rebounded strongly and has increased over the past 24 hours. This indicates optimistic market sentiment and active buying.
Key Price Levels:
Support Level: The previous resistance level around $4,550 has now turned into a key support level. As long as the price can hold this position, the upward trend is expected to continue.