According to analysts, Ethereum (ETH) is currently facing a strong resistance zone between $3070 and $3100. If it can break through this range, a new high of $3280 to $3290 may be seen. However, investors should be cautious of false breakouts that could lead to a sharp pullback.

Analysts particularly remind that if the price fails to stabilize after reaching a key resistance level, investors should remain cautious and avoid blind optimism. He emphasized that in such cases, a strategy of 'small dips for small purchases, large dips for large purchases' should be adopted.

It is worth noting that if the ETH price shows a high retreat today and falls below $2910, it may signal the onset of short-term risks. This level is regarded as a short-term defense position for bulls.

Analysts further pointed out that the range of 2970-2980 USD serves as an effective support level. If ETH falls below 3000 USD and reaches this support range, it could indicate that the recent rapid upward trend will temporarily come to a halt. Even more concerning, if the price drops below 2910 USD, the market may face a significant correction.

Overall, the current Ethereum market presents a state of both opportunities and risks. Investors should closely monitor changes in key price levels and adjust their investment strategies in a timely manner to respond to potential market fluctuations.