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Ethereum has recently been frequently testing the 3200 level, and there are quite a few discussions in the market about whether it can truly stabilize at this level. To be honest, many people now just want to see it break out of the current oscillation range more decisively and stop the back-and-forth.
From a technical perspective, 3200 is indeed a key level. It touches many traders' psychological price points and has become a focal point of contention between bulls and bears. Each time it approaches, it attracts a lot of attention, but whether it can break through ultimately depends on trading volume and market sentiment.
In simple terms, everyone's demand is quite straightforward—hoping the market won't keep friction like this and will give a clear direction. Whether it breaks upward or drops completely, it's better than oscillating at this level. This way, both bullish traders can see hope, and bearish traders can have some explanation. Once the market truly moves, the opportunities ahead will become clearer.