[Coin World] ETH's operation this time is quite impressive. Last week it held steady at the $2760-2800 level, with buying support remaining strong, directly pumping to $3020-3030, rising nearly 8 points in seven days.
From the market perspective, the hourly level has broken through the consolidation range and entered a bullish C-shaped structure. The key is to hold steady at the 2990 level; if it stabilizes, reaching 3400 is not a dream. Looking further? If it can break through the 3300-3350 pressure zone, 3600 to 3800 is also possible. The weekly momentum indicator has started to stabilize, which is a positive signal.
On the fundamental side, the Fusaka upgrade is coming soon. This time, the PeerDAS module has been added, which will significantly improve data availability and provide good support for network performance. The resonance of technology and price is worth paying attention to in the future.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
6
Repost
Share
Comment
0/400
AirdropFreedom
· 12-02 06:41
Are you going to do this trap again? Last time you said to hold above 2990, but it fell to 2800.
View OriginalReply0
rugged_again
· 12-01 09:49
If 2990 can't break, then it's another false breakout; I've seen this trap many times.
View OriginalReply0
UnluckyValidator
· 11-29 09:10
Once again, they are trying to pump it to 3400. The last time I heard this, I bought it and I'm still trapped now.
That's how ETH is; when it rises, it's all about perfect technicals, and when it falls, it's blamed on the market.
What can the Fusaka upgrade really do? Will it really be that powerful?
Anyway, I don't believe in any C-type structures anymore; I just watch it rise.
View OriginalReply0
ThesisInvestor
· 11-29 09:03
3000 dollars hold above, is 3400 really possible? It feels like we say this every time.
View OriginalReply0
WhaleStalker
· 11-29 08:59
If 2990 can't be held, it's just a joke. I'm betting a month's salary.
ETH rises 7.8% over the week, standing above 3000. With the Fusaka upgrade imminent, can it challenge 3400?
[Coin World] ETH's operation this time is quite impressive. Last week it held steady at the $2760-2800 level, with buying support remaining strong, directly pumping to $3020-3030, rising nearly 8 points in seven days.
From the market perspective, the hourly level has broken through the consolidation range and entered a bullish C-shaped structure. The key is to hold steady at the 2990 level; if it stabilizes, reaching 3400 is not a dream. Looking further? If it can break through the 3300-3350 pressure zone, 3600 to 3800 is also possible. The weekly momentum indicator has started to stabilize, which is a positive signal.
On the fundamental side, the Fusaka upgrade is coming soon. This time, the PeerDAS module has been added, which will significantly improve data availability and provide good support for network performance. The resonance of technology and price is worth paying attention to in the future.