Recently, crypto assets market analysts released a report on the price movement of Ethereum ( ETH ) on social media. The report indicated that the resistance for Ethereum is relatively small between 3000 and 3100 dollars, but once it breaks through the 3100 dollar mark, it could trigger a large-scale dumping.

Analysts explained that approximately 4.1 million Ethereum holding addresses have been in a loss state over the past six months. If the price reaches $3100, these addresses will break even, which may entice some investors to choose to take profits.

This prediction has attracted widespread attention from market participants. Some investors believe that this may lead to a short-term correction in the price movement of Ethereum. However, there are also opinions that if it can break through this key resistance level, it may attract more buyers to enter the market, pushing the price further up.

It is worth noting that the crypto assets market has always been highly volatile. Investors should carefully consider various factors and comprehensively assess risks when making decisions. At the same time, market analysis and predictions cannot guarantee future price movement, and investors need to make judgments based on their own circumstances and risk tolerance.

With the continuous development of the Ethereum ecosystem and the upcoming network upgrade, its long-term prospects are still viewed positively by industry insiders. However, short-term price fluctuations may pose challenges for investors. In this situation, it is particularly important to remain calm and rational.