Ethereum's latest price is $3,320, with a 24-hour increase of 7.2%. Currently, it is following Bitcoin's strong upward momentum, but honestly, the rally seems somewhat weak, clearly lagging behind the leader's pace.



From a fundamental perspective, institutional-level staking support is still in effect, providing reassurance for long-term holders. However, in the short term, be cautious of the resistance zone between 3350 and 3400, which could easily become a ceiling for the rebound.

Technical analysis summary: If there's a pullback, first watch the 3250 level (weak support), then lower at 3200 (a relatively strong support). Don't let it fall below these levels. For an upward breakout, 3350 is the first hurdle (strong resistance), and 3400 is the previous high, so be careful around these points.

The advice for traders is as follows—those holding positions can consider taking partial profits around the 3350 to 3400 range. For those who haven't entered yet, it's advisable to wait and look for opportunities to go long if the price retraces to the 3250 to 3300 zone.
ETH-0,58%
BTC-0,55%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)