Ethereum is showing bullish momentum on the charts. For bulls to maintain the initiative today, a push toward the $3,160 level would represent a significant milestone. This price point holds considerable importance in the current technical setup, as breaking and holding above it could open the door for further upside movement. Traders are watching this resistance closely—a confirmed break would signal strengthened buying pressure in the near term.
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TheShibaWhisperer
· 12-15 03:17
Is 3160 really that sacred? It seems like I hear this saying every time, haha
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LiquidatedTwice
· 12-14 19:38
Once this level 3160 is really beaten, I'll believe that this move is truly promising.
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GasWaster
· 12-13 22:51
It feels like 3160 can't hold, and we're about to plunge again...
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WalletManager
· 12-13 22:47
This critical point at 3160 must be held. Only after breaking through can we speak... My private key has long been stored in a cold wallet; now we just watch how the on-chain data unfolds.
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LiquidityNinja
· 12-13 22:36
Breaking this key level at 3160 will trigger a surge, otherwise it's just another false alarm.
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MEVSandwichVictim
· 12-13 22:22
It only broke at 3160, saying it now is too early to boast.
ETH/USD Technical Outlook
Ethereum is showing bullish momentum on the charts. For bulls to maintain the initiative today, a push toward the $3,160 level would represent a significant milestone. This price point holds considerable importance in the current technical setup, as breaking and holding above it could open the door for further upside movement. Traders are watching this resistance closely—a confirmed break would signal strengthened buying pressure in the near term.