Tonight’s US stock market opening could be a pivotal moment. ETH is currently at two key inflection points: 3250 is a clear resistance zone above, while 3150 is a relatively solid support below (a bit aggressive, but reasonable).

Next, it’s likely to be one of two scenarios—either a breakout to the upside, targeting the 3500-3600 range; or a breakdown, in which case we’ll need to watch the 1800-2000 deep retracement area.

Will tonight be the turning point? How are you all judging this move?

ETH-1.18%

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Ser_APY_2000

· 1h ago

3150 isn't holding. Last time it broke below the support line, it didn't hold either. I'm actually bearish to 1800 this time.

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GasOptimizer

· 6h ago

What’s the probability of breaking through 3250? Is there any on-chain data to support it? The 1800 line feels a bit too aggressive...

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SchrodingerWallet

· 6h ago

Whether 3250 will be broken depends on whether this wave can hold; personally, I think we still need to defend 3150 on the way down, otherwise it could get a bit dangerous.

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LostBetweenChains