$ETH

$ETH/USDT Breaks Key Resistance! Is a New Round of Uptrend Starting?

Current Market Situation:

- $ETH Strongly Breaks Through the Key Resistance Level of $3,500, with a 24-hour Increase of 7%

- Trading Volume Surged by 40%, Indicating Strong Market Buying Pressure

Technical Analysis:

📈 Daily Chart: Forms a 'Rising Triangle' Breakout, Targeting $3,800

🔧 RSI Indicator: Maintains Above 60, Indicating Bulls Are in Control

💼 On-Chain Data: Whale Addresses Accumulated Over 500,000 ETH in the Past Week

Operational Suggestions:

- Short-term: Watch for Support at $3,550; a Break Below Requires Caution for a Pullback

- Medium to Long-term: After Stabilizing Above $3,500, Consider Gradual Positioning

How far do you think $ETH can go in this uptrend?

#Ethereum #ETHMarket #Cryptocurrency