Looking at the trend of ETH during the early hours, as of the analysis time, the ETH price is $3032.13, with long positions clearly in control. The RSI indicator shows 53.7, indicating a relatively balanced position. From a technical perspective, the support level is locked at $2971.49 below, while the resistance level is near $3092.77 above, with the key breakout point at $3077.61.



ETH's recent performance has indeed been steady, as if it is accumulating strength. On the surface, it appears calm, but the underlying long positions momentum is gradually increasing. This accumulation phase often suggests that there will be a good performance in the future. However, this is also a time that tests psychological qualities—seeing the rising trend and wanting to jump in, but also needing to understand restraint.

In terms of operation strategy, if the price can effectively break through the key level of $3077.61, then gradually increasing positions can be considered. Conversely, if it falls below the support level of $2971.49, it's better to remain observant and not let emotions dictate decisions. Watching the market is tough, so take care of your health.

Statement: The above is only a market analysis and does not constitute investment advice. Trading involves risks; please make cautious decisions based on your own situation.
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RugResistantvip
· 12-22 22:56
ngl the $3077.61 breakout they're hyping feels like a classic pump setup... analyzed this pattern before and it rarely plays out cleanly. red flags detected when everyone's suddenly bullish at the same time. dyor but here's my analysis—watch for the wicks, not just the close. that RSI at 53.7? too convenient, too middle-ground. potential exploit of retail fomo right there.
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BearMarketSunriservip
· 12-22 18:49
Oh dear, still watching the market at dawn, this is an illness that needs treatment.
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Ifdol12vip
· 12-22 18:31
gas
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RektDetectivevip
· 12-22 18:29
Still watching the market at 2 AM, this is our daily routine... ETH does feel like it's building up some momentum, just waiting for that 3077 breakthrough.
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