$ETH has arrived. This time ETH may really break through 3000!!!

Short-term price fluctuation #ETH走势分析

Retracement pressure is evident

Multiple analysts have observed that ETH has shown overbought signals after breaking through 2600 USD, facing technical retracement pressure in the short term. Analysts like Jun Ge believe that if it loses the 2500 USD support level, it may drop to the 2410-2330 USD range. However, if it holds above 2500 USD.

Bulls still have a chance to challenge the high of 2700-2850 USD.

Bullish view: ETH has formed an upward five-wave structure, with the fifth wave target starting from 1384 USD aiming at 4000 USD. If it stabilizes at a 0.051 ETH/BTC exchange rate on a weekly level, it will maintain strength.

Bearish view: The daily MACD has shown a top divergence signal, and the retracement period may last over 15 days, with deep adjustments potentially reaching the 2270-2310 USD area. #ETH skyrocketing

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