Ethereum has been fluctuating for the past few days, quietly accumulating around the $3000 mark, which is a key position where resistance turns into support. It basically needs to hold above 3000, and it is expected to rise soon in tandem with Bitcoin.

The key level to watch above is 3100; if it can break through and hold steadily, the next targets are $3250-$3400; the support level below is between $2910-$2800.