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Ethereum, after touching the $3150 resistance level and experiencing a technical pullback, found solid support at the key $3050 level and rebounded strongly. Currently, the price has regained above $3100. This indicates that the market bulls are determined to defend the market, short-term downside space has been blocked, and the overall structure remains within an upward channel.
From a technical perspective, the $3050 level has become the core defense line for short-term bulls, and the current stabilization above $3080 provides an important pivot point for the market to shift from defense to attack. The volume-price relationship shows a decrease in volume during the pullback and accumulation during the rebound. Coupled with the repair and strengthening of the hourly momentum indicators, this has accumulated energy for the price to rise again.
If Ethereum can continue to hold above the $3080 support and see increased buying volume, it is highly likely to push upward again to test the $3150 pressure level. Once an effective breakout occurs, the upward space is expected to open further, with targets potentially reaching the $3180-3200 range. Operationally, it is recommended to use $3080 as the short-term support/resistance boundary, maintaining a bullish bias above it. $BTC #GateFun马勒戈币暴涨1251.09%