Ethereum Latest Market Analysis + Support and Resistance Levels Sharing!!! #ETH $ETH
🔥 Real-time Analysis of US Stock Market Opening: ETH Begins Violent Catch-up Rally, Breaks Through 3300 and Targets Previous High
Latest Situation:
Catch-up Confirmation: This afternoon, BTC hit a new all-time high (around 96.8k), and funds finally flowed massively into Ethereum. ETH has been soaring since last night around 3150, continuously breaking through the 3200, 3250, and 3300 barriers.
Key Levels: Currently, the price at 3320 is in the final push stage before reaching 3350 (the previous high of the wave). 3300 has shifted from resistance to short-term support.
US Stock Market Correlation: Just 17 minutes after the US stock market opened, market risk appetite was extremely high. ETH/BTC started to rebound, indicating that the current rally is driven by ETH’s own strength, not just following the trend. The goal is very clear now: hold steady above 3300, break through 3350, and open the space towards 3500.
1. Support and Resistance Levels (Precise Calculation)
Short-term Support (1-3 days, US stock market/Intraday)
3280 - 3300: Immediate support (turning point from top to bottom). The recently broken integer level and resistance now serve as the “new floor” for bulls. As long as it does not effectively fall below 3280, the short-term trend remains very strong.
3220: Intraday strong support. The rally relay platform during Asian and European trading sessions today, the lifeline for bulls.
3180: Short-term bull-bear dividing line (original top of the box).
Medium-term Support (1-2 weeks, Wave)
3100: Core bottom. The absolute bottom of this week’s dip and rebound.
3000: Psychological threshold.
2880: Major structural bottom.
Short-term Resistance (1-3 days)
3350 - 3360: Immediate resistance. The previous high (early January) and current pattern pressure. Breaking through here will form a perfect “N-shaped upward attack.”
3420: Fibonacci extension resistance level.
3500: Psychological major level. Strong resistance zone, likely to see profit-taking pressure.
Medium-term Resistance (1-2 weeks)
3650: Major wave target.
3800: Important milestone in the bull market.
4000: Historic major level.
2. Overall Analysis and Optimal Entry Strategies
Comprehensive View: Currently at 3320, in the “Catch-up acceleration phase.”
Bullish Strategy: The trend is extremely strong. BTC hitting a new high has given ETH great confidence. Follow the trend and go long, buy on dips. Don’t fear a 200-point rise; once ETH starts catching up, it can be very crazy.
Bearish Strategy: Strictly avoid shorting. The US stock market just opened, and funds are buying. Shorting now is like “standing in front of a tank.” Unless you see a false breakout at 3360 with a spike, do not short.
🔥 Real-time Analysis of US Stock Market Opening: ETH Begins Violent Catch-up Rally, Breaks Through 3300 and Targets Previous High
Latest Situation:
Catch-up Confirmation: This afternoon, BTC hit a new all-time high (around 96.8k), and funds finally flowed massively into Ethereum. ETH has been soaring since last night around 3150, continuously breaking through the 3200, 3250, and 3300 barriers.
Key Levels: Currently, the price at 3320 is in the final push stage before reaching 3350 (the previous high of the wave). 3300 has shifted from resistance to short-term support.
US Stock Market Correlation: Just 17 minutes after the US stock market opened, market risk appetite was extremely high. ETH/BTC started to rebound, indicating that the current rally is driven by ETH’s own strength, not just following the trend. The goal is very clear now: hold steady above 3300, break through 3350, and open the space towards 3500.
1. Support and Resistance Levels (Precise Calculation)
Short-term Support (1-3 days, US stock market/Intraday)
3280 - 3300: Immediate support (turning point from top to bottom). The recently broken integer level and resistance now serve as the “new floor” for bulls. As long as it does not effectively fall below 3280, the short-term trend remains very strong.
3220: Intraday strong support. The rally relay platform during Asian and European trading sessions today, the lifeline for bulls.
3180: Short-term bull-bear dividing line (original top of the box).
Medium-term Support (1-2 weeks, Wave)
3100: Core bottom. The absolute bottom of this week’s dip and rebound.
3000: Psychological threshold.
2880: Major structural bottom.
Short-term Resistance (1-3 days)
3350 - 3360: Immediate resistance. The previous high (early January) and current pattern pressure. Breaking through here will form a perfect “N-shaped upward attack.”
3420: Fibonacci extension resistance level.
3500: Psychological major level. Strong resistance zone, likely to see profit-taking pressure.
Medium-term Resistance (1-2 weeks)
3650: Major wave target.
3800: Important milestone in the bull market.
4000: Historic major level.
2. Overall Analysis and Optimal Entry Strategies
Comprehensive View: Currently at 3320, in the “Catch-up acceleration phase.”
Bullish Strategy: The trend is extremely strong. BTC hitting a new high has given ETH great confidence. Follow the trend and go long, buy on dips. Don’t fear a 200-point rise; once ETH starts catching up, it can be very crazy.
Bearish Strategy: Strictly avoid shorting. The US stock market just opened, and funds are buying. Shorting now is like “standing in front of a tank.” Unless you see a false breakout at 3360 with a spike, do not short.
