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Ethereum in the game: Holding the line at $3,000!

While Bitcoin is storming its heights, Ethereum is proving that it is not just the shadow of the king, but an independent force. Today, ETH confidently holds the defense at a critically important psychological threshold of $3,000. Let's analyze what the data says and how reliable these positions are.

Current status:

· Price: $3,023.51 — target achieved, now the main thing is to hold.
· Dynamics: +3.31% — a solid increase, showing synchronization with the movement of BTC.

What does the chart tell us?

1. At the Cutting Edge: Bollinger Bands.
Ethereum is literally "walking on the edge" of the upper boundary of its trading channel.
· Upper band (UB): $3,044.60 — this is exactly the level that the price tested (24h High was $3,044.99). Breaking and holding above it will open the way to new highs.
· The middle line (BOLL): $2,953.07 — now acts as a strong support level. As long as ETH remains above it, the short-term trend stays bullish.
2. Momentum signals: RSI and KDJ.
· RSI(6) at 73.86 — indicates strong buying activity, being on the verge of the overbought zone. This signals strength but requires caution.
· KDJ with a J value of 99.36 — this indicator suggests a powerful upward momentum. A J value above 100 is considered extreme, and 99.36 is very close to that. This confirms that the upward movement is very sharp and may be subject to correction.
3. Reinforcement in the form of volumes.
A turnover of $340.50 million in 24 hours is a serious argument. Such volumes indicate that there is real money behind the movement.

Result:
Ethereum is not just participating in the rally— it is actively storming its key levels. Holding above $3,000 is a psychological victory that attracts the attention of the entire market.

What to watch now:

· Bulls' goal: To hold above $3,045 for continued growth.
· Bull defense: Maintain the price above $2,950 as support.
· Risk: Extreme KDJ values and high RSI warn of a possible short-term shakeout to cool off overheating.

Bitcoin may set the overall tone, but Ethereum is proving today that it is a full-fledged leader. We are closely watching the developments! 🚀$ETH ‌

#Ethereum #ETH