$ETH
📈【Quick Look】ETH surged violently by nearly $200, this breakout feels a bit different!
Just now, ETH staged a textbook-level breakout! It shot directly from around 3200 to 3397, almost completely smooth with no pullbacks. Now it is firmly standing at 3350+, with all moving averages turning upwards, this posture is quite strong, right?
Key details are as follows:
1️⃣ The rise was not accompanied by long upper shadows or spikes, indicating that it was driven up by real buying power, not through short squeezes.
2️⃣ After reaching 3397, there was a pullback, but trading volume decreased, which indicates healthy profit-taking digestion. The key support below is in the 3320-3280 range.
3️⃣ Currently, the real pressure above is at 3395-3400, and if it can break through with volume, the next target will be 3450+.
Although the market is optimistic, the leverage ratio is already high, so be cautious when chasing highs. As long as there are no breaks below key support during short-term pullbacks, the trend remains intact. How high do you think this wave can go? Let’s chat in the comments below! 👇
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