Today I was closely watching the 1-hour chart of ETH and noticed some interesting patterns. The price is moving up steadily right now, but the real question is—will this wave keep pushing up directly, or does it need to take a breather first?

There are a few key numbers to keep a close eye on.

**First, let’s talk about the news factor**

The market is driven partly by technical movements, but news is often the real trigger. For example, when heavy hitters like the US ADP employment data are released, they can easily stir things up. Especially now, with the price stuck at a critical level, disappointing data could trigger a pullback at any moment. So from December 3rd to 14th, you absolutely need to follow macro news closely, since it could directly determine the next direction.

**Two hurdles above**

It’s clear on the chart: the first resistance is at 3356, and above that is a strong barrier at 3550. While the bulls are currently in control, there’s a high chance of hitting resistance at these levels. It’s like climbing a hill—the higher you go, the harder it gets.

If the price reaches around 3356 or even 3550 and starts stalling, unable to push higher, watch out for a short-term pullback. At that point, you might want to reduce your position or try a short trade to profit from the dip. It doesn’t mean the overall trend has changed; it just means the rhythm needs to adjust.

**Where’s the support below?**

What if a pullback really happens? The first level to watch is 3210, which is the dividing line between bulls and bears. If it holds, the bullish logic is still valid. If it breaks, look for support in the 3210 to 3035 range—there could be a rebound there, and risk-takers might want to try bottom-fishing for a bounce.

Of course, that’s all assuming the news doesn’t...