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The New Year's holiday has come to an end, and the market performance remains quite strong. The price action over these three days has been smooth, with a rebound after a dip to the support zone, followed by a rally, showing a pattern of buying on dips.
From the data, BTC is currently hovering around the 90,300 level, while ETH has started to gradually rise since yesterday, with the price of ETH/USD fluctuating around 3,120. A detail worth noting is that there is a clear strong resistance zone around 3,180 for ETH. If this level can be effectively broken in the short term, the upside potential will further open; if it falls back again, then the support level around 3,120 will become a key line of defense.
Overall, the market shows good resilience at the start of the new year, with bullish sentiment still continuing, but attention should be paid to the performance at these key levels, especially ETH testing the resistance at 3,180.