#ETH走势分析 did too much. $ETH combined with the favorable news of the Federal Reserve's interest rate cut in the early morning of December 11, Ethereum has indeed shown a strong upward momentum, breaking through $3440 and presenting a market trend of "slightly retreating after a surge, bullish trend remains solid". The specific details and subsequent outlook are as follows:
1. Early morning market details: As of 3:30 AM on December 11, Ethereum reached a daily high of $3436 (close to the $3440 mark), and then slightly retreated to around $3370. This rise also broke through the resistance level of the EMA60 trend line at $3380, forming a five consecutive days upward trend on the daily chart, and the upper Bollinger Band at $3337 was also breached, indicating strong bullish momentum overall.
2. Technical signals: The MACD has been continuously increasing for three days, showing a step-like upward trend, with the DIF and DEA approaching the 0 axis and preparing to challenge upwards; the four-hour chart shows a breakout of an ascending triangle, but there is also a MACD top divergence signal, and both the daily and short-term charts have entered an extreme overbought area.
3. Subsequent key levels: On the upside, attention should be paid to the trend top resistance at $3515 and the Fibonacci resistance at $3590; during a pullback, support at the integer level of $3400 can be monitored, and if lost, the next support level could be seen in the $3340 - $3390 range, with further breaking potentially testing the previous entry support level near $3290.

