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Tonight's market analysis
Ethereum has rapidly risen from 2379 to 2879 today, showcasing an impressive 500-point increase, with significant market momentum. The price is currently in a high-level fluctuation phase, but the overall bullish trend remains intact.
Important Price Level Analysis:
• Support area: 2675 is a key defense line. If this level is maintained, the bullish pattern will continue.
• Resistance zone: The 2805-2875 range is the current challenge, and an effective breakthrough is needed to explore upwards towards 2900 and even 3000.
Investment Strategy Reference:
If the price pulls back to around 2730-2695, consider positioning for buying on dips. The initial target is focused on the 2805-2875 range; if it breaks and stabilizes, we can expect the 2900-3000 area. It is important to be cautious, as a failure of the 2675 support may lead to a deeper adjustment.