Monday morning, Ethereum experienced a typical rollercoaster market—rising at the open and then quickly falling back. From recent trends, it seems that major funds prefer this type of high-low fluctuation charting method.



On the technical side, in the short term, focus on the support level of the trendline. A long position was pre-placed around 2860 in the early hours, with a stop-loss at 2825 as a reference. The key resistance to watch is at 2960.

This is a personal technical analysis for reference only. Before making any trading decisions, you should consider your own risk tolerance and make a comprehensive judgment.
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TideRecedervip
· 4h ago
Another roller coaster ride, the big players really know how to play Been trapped over 2850 times, I feel this rebound is just to harvest Can 2960 really break? I can't bet anymore
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TheMemefathervip
· 4h ago
2960 is about to be broken again, just like every time The main force's tactics are so outdated, still playing roller coaster? Lucky with the over 2860 longs, going down depends on each person's skill Feels like the recent market is all about guessing, technical analysis has long been invalidated
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AirdropHunter007vip
· 4h ago
It's the same old trick of cutting the leeks again; the main force loves to do high-altitude plunges like this. This wave of over 2860 long positions will definitely be smashed through again, don't believe in any trend lines. 2960 resistance? Wake up, you might not even touch it at all.
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BlockTalkvip
· 4h ago
It's the same old trick again, the big players are riding the roller coaster while retail investors scream along. I'm also watching the 2860 level, but I feel that a stop loss at 2825 is a bit tight. Whether this wave can break through the 2960 resistance level is the key; otherwise, you'll get caught again.
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