Ethereum's upward trend returns? Investors should pay attention to these signals!

Support and resistance are clear, short-term trading opportunities analyzed!

Quickly look at trading strategies to accurately locate profit points!

Market Analysis:

Ethereum currently shows a trend of fluctuating recovery, market sentiment is slightly optimistic, but the upward momentum is still insufficient. In the short term, it is expected to operate within a range, and it is necessary to closely monitor the breakthrough or pullback of key levels to better grasp market opportunities.

Support and Resistance Levels:

Support Levels:

1. $3,300

2. $3,200

3. $3,100

Resistance Levels:

1. $3,450

2. $3,550

3. $3,650

Short-term Trading Strategies:

Long Strategy:

• Opening Position: Near $3,300

• Add Position: Near $3,200

• Stop Loss: $3,050

• Take Profit Targets:

1. $3,450

2. $3,550

3. $3,650

Short Strategy:

• Opening Position: Near $3,450

• Add Position: Near $3,550

• Stop Loss: $3,700

• Take Profit Targets:

1. $3,300

2. $3,200

3. $3,100

My Prediction:

Currently, Ethereum may have further rebound opportunities in the short term, it is recommended to focus on long positions, paying attention to opening opportunities near support levels, with targets pointing towards the upper resistance area.

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