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$ETH 🔔Taking advantage of the market volatility, here is a simple analysis:
Building on last week's market analysis, the support zone around 3060-3080 has been stabilized after several days of fluctuation. The next step is to observe the resistance around 3430. If an effective breakout occurs, the upward momentum will accelerate, targeting the secondary resistance near 3610.
⚠️Currently, in the short term, observe the breakout of the resistance around 3180-3210. If an effective breakout occurs, the next target is the resistance above the monthly chart near 3430.
【Simultaneously monitor the resistance around 93000. If this level can be broken and stabilized today, the next target is directly around 95000. If the resistance near 95000 is broken, it is very likely to push upward to break through 98700-102000 this week.】
⚠️If the support below at 3080-3060 is suppressed by the bearish momentum and breaks down, the bearish volume will increase, accelerating the decline, with support levels at 2800-2600.
⚠️From Monday to Friday this week, I will analyze the market step by step every day. Regardless of how the market moves, set your stop-loss at the first opportunity. No stop-loss, no entry‼️