Reviewing the early morning trend, Ethereum briefly tested $3124 before clearly facing resistance and pulling back, forming a clear short-term high. Subsequently, the price oscillated downward, with a low near $3090, indicating heavy selling pressure above and insufficient bullish momentum for a rebound.
From a technical perspective, the market has already shown bearish signals: $3124 has become an effective short-term resistance, and the price is currently testing the key psychological and structural support at $3100. This level is a focal point for bulls and bears; if it is effectively broke
View Original