#数字货币市场洞察 Last night, Ethereum executed a textbook example of a bear trap reversal in the early morning! After the price quickly broke below the key 3100 level, it rapidly halted its decline around 3066, then launched a strong rebound—this type of move is technically called a "false breakout," which basically means the bears have exhausted all their ammunition.

Looking at this process, you can sense that the previous 3100 resistance level, after repeated battles between bulls and bears, has finally turned into a solid barrier of support. With selling pressure drained at the bottom, the bulls seized the opportunity to counterattack, laying a solid foundation for further upward moves.

From a trading perspective, the 3070 to 3110 range is a good entry zone for bulls, with key targets ahead at 3240 and 3400 resistance levels. $ETH $ZEC The correlation with $COAI is also worth noting.