Ethereum (ETH) has shown a significant rebound in the past 12 hours, starting from the zero axis and reaching a daily resistance level of 3740 USD. However, the market soon exhibited a 15-minute level top divergence signal, and the price subsequently fell back to the zero axis demand area.



Currently, ETH is facing tests at several key price levels. The main resistance levels above are at $3724, within the range of $3740-$3755, and at $3796. These price points will be crucial for the bulls to determine if they can continue to push forward.

At the same time, the support levels below should not be overlooked. The range of $3666-$3646 forms the first line of defense, followed by $3607. If these supports fail to hold, the range of $3555-$3536 will become a more critical support area.

Market participants should closely monitor these key price levels, as they may determine the short-term direction of ETH. However, in addition to technical factors, investors should also pay attention to changes in the market fundamentals and macroeconomic environment to make more comprehensive judgments.
ETH1.97%
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BlockchainBouncervip
· 11h ago
All in, let's see this wave.
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SatoshiLegendvip
· 11h ago
Based on data extrapolation, the quantization divergence on the drop to zero axis has become a historical pattern.
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ReverseFOMOguyvip
· 11h ago
Long positions have peaked, right? Time to slaughter the pigs.
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0xSherlockvip
· 11h ago
The flashy tricks of the zero axis, let's top up the 3k bottle next.
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