$ETH

#ETH🔥🔥🔥🔥 🔍 Latest Market Analysis

Chart Structure Analysis:

The current price of $ETH has retreated after being blocked in the 3680 area and has already pulled back to the support area (3600-3640). The chart shows multiple occurrences of the “H” (head) structure, indicating that the market has shown weakness in the high-pressure area recently. The overall K-line trend presents a fluctuating trend with lower highs and higher lows, suggesting a relatively balanced state between bulls and bears in the market.

Support and Resistance Analysis:

Short-term support: 3600-3640 (current support), if lost, will test the 3550-3580 area. Key support: 3440-3500, if the price stabilizes here, bulls still have a strong rebound possibility. Resistance range: 3680-3720, breaking through this area can confirm bull strength.

Market Sentiment:

Short-term market sentiment is weak, trading volume is decreasing, and the price is at an important support level, with a possible short-term rebound.

📈 Trading Strategy Recommendations

1. Short-term Trading Strategy

Positioning Suggestion: Consider gradually building long positions in the 3600-3640 area with a light position, setting a stop-loss below 3580. Target Price: 3680 (initial target), looking at 3720-3750 area after breaking through. Additional Long Suggestion: If the price breaks 3720, consider lightly adding long positions, targeting 3850.

2. Medium to Long-term Trading Strategy

Positioning Suggestion: Consider gradually building positions in the 3440-3500 main support area, setting a stop-loss below 3400. Target Price: 3850 (first target), looking at 4000 and above after breaking through. Position Addition Strategy: If the price breaks 3720 confirming the trend, consider adding positions appropriately.

⚠️ Risk Control Suggestions

Position Control: It is recommended that a single trade does not exceed 20%-30% of the total position. Strict Stop-Loss: If the price falls below key support (3550 or 3440), decisively stop-loss and exit to avoid deep drawdown risk. Flexible Response: The current market has not yet clarified direction, it is advised to maintain a cautious wait-and-see approach, waiting for important support stabilization or resistance breakthrough before acting.

Summary: ETH is currently in the critical support testing phase; if the price stabilizes around 3600, there is an opportunity for a rebound, and aggressive traders may consider lightly trying long. For medium and long-term, focus on layout opportunities in the 3440-3500 area, patiently waiting for clear signals before adding positions.

Disclaimer: The above analysis is for reference only and does not constitute investment advice. The market has risks, and trading should be cautious!