Analysis of ETH key price points
In the cryptocurrency market, the price trend of ETH has always been the focus of investors and analysts. At present, from a technical perspective, there are two important price ranges for ETH, namely the key resistance level and the key support level.
1. Key resistance level
The most critical resistance level of ETH is between $3,360 and $3,450. This range is like an insurmountable wall, which has formed a strong obstacle to the rise of ETH prices. When the price of ETH gradually climbs to this range, it will encounter a large number of selling orders. The outflow of these selling orders makes it extremely difficult for the price to break upward. In the past market conditions, ETH has tried to break through this resistance range many times, but most of them ended in failure. This fully demonstrates the effectiveness and strong influence of this resistance level. It is like a "price ceiling" that limits the upward space of ETH prices in the short term.
2. Key support level
The key support level of ETH is between $3066 and $3160. This support range is crucial to the stability of ETH prices, just like a "solid foundation" for prices. Once the ETH price falls to this range, it will attract many buyers to enter the market. The active buying behavior of these buyers provides solid support for the ETH price and effectively prevents the price from falling further. Looking back at the historical market, when the ETH price faced downward pressure, this support range has successfully played a role many times, causing the price to stabilize and rebound after reaching this range, demonstrating its strong support resilience. #比特币价格走势分析 #还有山寨季？ #加密市场回调