Recently, Ethereum market trends have attracted a lot of attention. From a technical perspective, the 3060 level is a key point.



Once it breaks through and stabilizes above this price, it may be considered a good opportunity to go long on a pullback. The resistance level above is around 3120. If it breaks through this again, it could indicate a market structure reversal, which is worth close observation.

Conversely, if it cannot effectively break through 3060 for a long time, the bearish outlook should still be prepared for. Currently, this is a "breakout watch" point—breakout indicates a reversal, failure to break means continue to look for short opportunities, waiting for the right moment.
ETH1,84%
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ProofOfNothingvip
· 6h ago
If the 3060 level is truly broken through, then it will be interesting. It's still early to say anything now. Waiting and seeing, but I feel this wave is a bit risky. If it doesn't break 3120 soon, I'm giving up. It's too torturous. It's another look at breaking through; this routine has been played out, right? I feel there’s still a chance for the bears; continue to observe. Whether it breaks through or not, I’m just throwing money in to play along. Is it a bit too hasty to enter now? If it can't break 3060, it's just a repetitive game of cutting the leeks again.
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MoneyBurnervip
· 6h ago
Will 3060 break or not, this is the watershed --- Looking at a breakout again? I bet it will keep tormenting us back and forth --- Wait, why do I feel like I've seen this pressure level at 3120 a hundred times --- Pullback to go long sounds good, but my account balance says I have no chance --- Is the bear ready? Anyway, my stop-loss orders are already queued --- Key levels appear every day, but my funds are getting smaller and smaller --- If it doesn't break, keep looking bearish; if it breaks, keep cutting losses. That's my style --- That number 3060 looks a bit familiar. The last time I said that, I got liquidated --- What do on-chain data say? Or do I just look at the K-line chart and make up stories --- It's "worth close observation" again. I just hope close observation can make money
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MetaverseLandlordvip
· 6h ago
If the 3060 can really stabilize, I would dare to take some retracement orders; otherwise, I still have to wait, no need to rush.
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LightningAllInHerovip
· 6h ago
If I can't break 3060, I'll keep shorting. This round of turbulence has been exhausting enough.
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SighingCashiervip
· 6h ago
Whether the 3060 breaks or not is really crucial, right now just waiting for that moment.
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