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Ethereum latest updates + support resistance level sharing!!! #ETH $ETH
🚨 Key market confirmation: The 3000 level has been regained, and the bulls' "fake drop" is successful.
Latest situation: Congratulations! If you referred to the analysis from last night (early on the 22nd), the "liquidity hunt" we defined in the 2950-2980 range has been perfectly validated. After breaking through the 3000 level and undergoing a washout, ETH quickly reversed in a V-shape and is now firmly above 3040.
Pattern Qualification: This is a standard "Bear Trap". The main force lured shorts by breaking below 3000, then quickly surged. The current 3046 indicates that the previous breakdown was a false move, and market sentiment has shifted from extreme panic to a restorative bullish outlook.
Current resistance: Although it has regained lost ground, the area of 3060 - 3080 above is a short-term moving average resistance and a previous high-volume trading area. The bulls need to further increase volume to break through here to open the way to 3150.