#美联储重启降息步伐 Ethereum Afternoon Watch: Post-3200 Breakout Trend Projections

ETH is currently trading around $3,215, up 6.8% over the past 24 hours. This rebound has successfully broken through the $3,100 to $3,200 range that previously saw repeated back-and-forth movement. On the daily chart, the long-standing downward trendline has finally been breached.

From a fundamentals perspective, two driving forces are at play: first, institutions are continuing to buy through ETF channels, with inflow data showing a clear recovery; second, the amount staked on-chain has hit a new high, signaling stronger holder conviction to lock up tokens. Additionally, expectations for the Fusaka upgrade are building, further improving market sentiment.

On the technical front, several price levels are worth noting: $3,100-$3,150 has now turned from resistance into support (holding this is key), while the $3,300-$3,400 range—an area of previous heavy trading—will likely see some selling pressure.

This afternoon, pay close attention to whether $3,250 can hold. If it does, with increasing volume, a push toward $3,400 is quite possible; conversely, if there is a pullback but $3,100 support remains intact, it presents a buying opportunity at lower levels. In short, at this critical juncture, as long as $3,100 holds, the bullish outlook remains intact.