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The Ethereum market showed strong resilience today. After touching the 2930 USD support level earlier, the ETH price quickly rebounded and stood back above the 3000 USD threshold in the afternoon. This trend not only boosted short-term market sentiment but also laid the foundation for the upcoming market developments.



It is worth noting that the CPI data to be released tonight may have a significant impact on the cryptocurrency market. If Bitcoin can maintain its current strong momentum, Ethereum is expected to benefit and further challenge the resistance level in the range of $3045 to $3067.

However, investors still need to remain cautious and closely monitor the market reaction after the release of the CPI data. This economic indicator may trigger price fluctuations, which in turn could affect short-term trading strategies. At this critical moment, rational analysis and risk management are particularly important.

Overall, Ethereum's performance today has injected a boost into the market. However, whether it can continue to break through and stabilize at higher price levels will depend on more favorable factors for support. Investors should continue to pay attention to changes in macroeconomic data and market sentiment in order to adjust their investment strategies in a timely manner.
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BlockImpostervip
· 18h ago
3k is just like that.
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SchroedingersFrontrunvip
· 18h ago
Just go all in with strong leverage.
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CoconutWaterBoyvip
· 18h ago
The breakthrough of 3000 is here!
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DaoGovernanceOfficervip
· 18h ago
*sigh* empirically speaking, short term price movements mean nothing without institutional liquidity metrics
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ChainMaskedRidervip
· 18h ago
Running so fast, are you really going to heaven?
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TokenSleuthvip
· 18h ago
Rebound so hard, enter a position and lie flat.
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