Will #ETH break out of the ascending channel?

📊Will #ETH break out of the ascending channel?

🧠From a structural perspective, we are currently in the resistance zone at the daily level, so we have digested the selling pressure here by sideways consolidation. Because the selling pressure here is large, we still need to remain cautious.

➡️From a graphical perspective, we are currently blocked at the upper edge of the ascending channel, so we need to be vigilant about the risk of a pullback at any time. If we continue to break upward, then we need to pay attention to trading opportunities after the support and resistance conversion.

⚠️Even if it breaks upward, the nearby 2911 is also resistance. If it breaks upward again, then the resistance worth our attention is around 3300.

Let's see 👀

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