🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
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Remember the thrill of opening your first account, or the Gate merch that’s been part of your daily life?
📸 Join the #MyGateMoment# campaign!
Share your story on Gate Square, and embrace the next 30 million together!
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Recently, the performance of the Ethereum market has drawn attention. Yesterday, the price of Ethereum attempted to surge twice but encountered resistance around the support level of $3860 and fell back. Subsequently, around 2 AM, the price began to decline slowly, testing the support level of $3700 multiple times, but failed to break through effectively, highlighting the strong support in that area.
From the overall market structure, Ethereum is still maintaining a bullish trend. Analysts suggest that investors may consider establishing long positions at lower levels. Specific operational strategies can focus on buying opportunities around the support level of $3730-$3700, with target prices set in the range of $3900 to $4000.
It is worth noting that the cryptocurrency market is highly volatile, and investors should carefully assess risks and allocate assets appropriately. At the same time, closely follow market trends and important news events to adjust investment strategies in a timely manner. In the current market environment, Ethereum's price resilience and potential upside are worth continued observation.