Ethereum faces a critical technical juncture today. From the market perspective, the price range between 2870 and 2850 is becoming the most important defensive line in the recent period.

Based on market performance, the time window from 12:30 PM to 3:30 PM today is particularly worth paying attention to. If the price cannot effectively break below the 28xx level during this period, the upward potential by the end of the month will be basically determined. Conversely, if market forces continue to suppress the price here, it means that the overall market trend for the end of the month may need to be reassessed.

Logically, the current price range is unlikely to be easily broken. Usually, market participants won't let the trend go so smoothly; they will inevitably create volatility at key levels. The core question is whether the 2870 to 2850 range can hold — once it is broken, the subsequent trend warrants caution.

For traders who haven't yet determined a direction, this period is a good observation window. Capturing the key performance during these hours often allows for a more accurate grasp of the upcoming rhythm.