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Analyst: ETH is attempting to turn $3500 from a resistance level to a support level, and a pump trend is expected once it breaks through.
Cryptocurrency analyst Satoshi Flipper posted on X platform that once the price of Ether breaks through the psychological barrier of $3,500, there is likely to be more pump momentum. He pointed out that the ETH price is now trying to turn the level of $3.5k from a resistance level to a support level, as expected. The psychological number of $3,500 has attracted more retail investors to follow, but if ETH fails to break through this level, investor sentiment may be hit.