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.
#ETH
🔥The current trend of 🔥ETH is essentially a battle between bulls and bears during a rebound.
📉 Bearish Scenario
If the rebound is again suppressed, it indicates that bears are still selling on rallies.
ETH may first fall back to $2907, then dip further to $2716.
Once the closing price drops below $2623, it can be confirmed that—
👉 The downtrend is restarting, and market sentiment will clearly weaken😰.
📈 Bullish Scenario
Conversely, as long as the price strongly breaks through the $3350 resistance level, the signal will fully turn bullish🚀.
This means a new upward trend is beginning,
ETH is expected to surge to $3915 and further challenge $4257🔥.
🎯 Summary
$2623: Bearish confirmation line
$3350: Bullish takeoff line
Break below = continue to test lows
Break above = trend reversal