Ethereum is showing bullish momentum on the charts. For bulls to maintain the initiative today, a push toward the $3,160 level would represent a significant milestone. This price point holds considerable importance in the current technical setup, as breaking and holding above it could open the door for further upside movement. Traders are watching this resistance closely—a confirmed break would signal strengthened buying pressure in the near term.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
6 Likes
Reward
6
4
Repost
Share
Comment
0/400
GasWaster
· 5h ago
It feels like 3160 can't hold, and we're about to plunge again...
View OriginalReply0
WalletManager
· 5h ago
This critical point at 3160 must be held. Only after breaking through can we speak... My private key has long been stored in a cold wallet; now we just watch how the on-chain data unfolds.
View OriginalReply0
LiquidityNinja
· 5h ago
Breaking this key level at 3160 will trigger a surge, otherwise it's just another false alarm.
View OriginalReply0
MEVSandwichVictim
· 6h ago
It only broke at 3160, saying it now is too early to boast.
ETH/USD Technical Outlook
Ethereum is showing bullish momentum on the charts. For bulls to maintain the initiative today, a push toward the $3,160 level would represent a significant milestone. This price point holds considerable importance in the current technical setup, as breaking and holding above it could open the door for further upside movement. Traders are watching this resistance closely—a confirmed break would signal strengthened buying pressure in the near term.