ETH yesterday tested that $3070 breakout zone and bounced perfectly off it - exactly what you want to see in a healthy uptrend. Now we're watching this medium-term triangle pattern. If price action stays strong, $3240 becomes the next battleground today.



Meanwhile, keep your eyes on the broader market context here. BTC needs to punch back above $94.2k, and SOL has to reclaim that $146 level.

All three are hovering right near their critical zones. Things could get interesting real quick.
ETH-0.02%
BTC-0.25%
SOL-0.38%
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CoffeeNFTsvip
· 12-05 05:59
ETH rebounded nicely at 3070, just worried it might drop back down again.
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TheMemefathervip
· 12-05 05:58
The 3070 rebound was so straightforward, that's pretty interesting.
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HodlAndChillvip
· 12-05 05:58
This ETH rebound really feels good. As long as the 3070 support holds, the only worry is if it can't break out in the opposite direction.
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FancyResearchLabvip
· 12-05 05:57
It's another theoretically feasible rebound scenario. Luban No. 7 is working again, just waiting for the $3240 dip. Should BTC and SOL jump in together?
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BTCRetirementFundvip
· 12-05 05:54
3070's rebound is pretty impressive, there's something to it this time.
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