Based on the Ethereum trend, there is a good trading opportunity today.



On the bullish side, we can focus on two entry points—2920 is a relatively strong support level, and if it rebounds from here, consider going long; 2905 is also a good second choice. The stop-loss for longs should be set below 2885 to prevent downside risk.

The bearish strategy is also clear. Around 3005 is a resistance level; if it breaks upward, close the position. 3030 is a key resistance; once reached, consider reducing your position. Placing the stop-loss for shorts at 3055 would be safer.

This wave of market movement still depends on the Federal Reserve's actions. If expectations for rate cuts heat up, it would be a positive signal for risk assets like Ethereum. In the short term, we should operate precisely within this range, avoid chasing highs or overly bearish views, and focus on risk management.
ETH-0.02%
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GasFeeDodgervip
· 26m ago
Oh, it's that number game again, 2920, 2905, 3005... Honestly, these precise predictions down to the single digit are a bit annoying.
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ShitcoinConnoisseurvip
· 7h ago
It's the Federal Reserve expectations again, using this as a talking point every time... Following this approach, 2920 is indeed stable, but we'll see if it can truly rebound.
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MetaverseHobovip
· 7h ago
Here you go again? I have already entered the 2920 rebound, just wait for the breaking of 2885 to give me a violent beating.
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just_vibin_onchainvip
· 8h ago
The hurdle of 2920 feels a bit shaky, I'm not quite confident to chase it.
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ImpermanentPhobiavip
· 8h ago
I've been waiting for the 2920 rebound all along, just waiting for the interest rate cut to land.
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