Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
OPINION: ETH is turning $3500 from resistance to support, with upside momentum expected if successful

OPINION: ETH is turning $3500 from resistance to support, with upside momentum expected if successful

Bitget2024/12/25 16:58

In a post on the X platform on 25 December, cryptocurrency analyst Satoshi Flipper said that the ethereum price could be poised for more upward momentum once it flips from the psychological $3,500 mark to resistance.

He noted that ETH prices are now trying to turn the $3,500 level from resistance to support, breaking through as expected, with psychological figures like $3,500 attracting more attention from retail investors, but investor sentiment could take a hit if ETH fails to break through this mark.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.

According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.

华尔街见闻•2026/09/26 11:36