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.
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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.