Ethereum's current market situation is not very clear, showing an M-top pattern. The key resistance now is at 3330-3340. If it cannot break above this level, the current rally may be over, and a significant pullback could occur. Support below is around 3270; if broken, it could lead to a sharp decline, with the lowest target around 3130-3090. If it breaks above 3340, a W-bottom formation is confirmed, and the price could continue to rise to 3500-3600.
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GateUser-c7cbe24b
· 4h ago
2026 Go Go Go 👊
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GateUser-c7cbe24b
· 4h ago
Brother Peng, it's not the right time to place an order now, wait until tonight.
Forecast
Ethereum's current market situation is not very clear, showing an M-top pattern. The key resistance now is at 3330-3340. If it cannot break above this level, the current rally may be over, and a significant pullback could occur. Support below is around 3270; if broken, it could lead to a sharp decline, with the lowest target around 3130-3090.
If it breaks above 3340, a W-bottom formation is confirmed, and the price could continue to rise to 3500-3600.