Today $ETH

Ethereum Trading Strategy 📊

Current Ethereum price fluctuates around $3416, with noticeable volatility in recent times, and market investment sentiment gradually warming up.

Support Levels:

$3323: Short-term important support level, if broken, may further decline. $3278: Strong support, where the market low is located; breaking below will trigger greater downside risk.

2️⃣ Resistance Levels:

$3427: Short-term upper resistance level, dividing line between bulls and bears. $3474: Medium-term target resistance level, need to focus on whether it will effectively break through. $3522: Strong resistance level for the day; a breakthrough will enter a new upward range.

Bullish Strategy

✅ Short-term Layout:

When the price pulls back to around $3323, consider buying on dips, with a stop-loss set below $3300, targeting $3427 and $3474.

✅ Breakthrough Follow-Up:

If the price effectively breaks through $3427, buy in the direction of the trend, targeting $3474 and $3522, with a stop-loss set at $3400.

Bearish Strategy

❌ High Sell Strategy:

If the price is blocked near $3427, short with light positions in the short term, with a stop-loss set above $3450, targeting $3323.

❌ Breakout Follow-Up:

If the price breaks below $3323, attempt to short in the short term, with a profit target of $3278 and a stop-loss set above $3340.

Risk Warning ⚠️ Market volatility is significant; it is recommended to strictly implement take-profit and stop-loss measures and operate with light positions. Pay attention to global macroeconomic data and Ethereum's on-chain activity to avoid unexpected news affecting market trends. If there is intra-day range fluctuation, consider range trading strategies, buying high and selling low, entering and exiting quickly.

Ethereum is currently at a crucial technical position, and the market direction is not yet fully clear. It is suggested that investors adjust their trading plans flexibly based on the key points shown in the chart. For more real-time strategies, feel free to communicate in the comments! Personal opinion, for reference only, not investment advice.