Ethereum has recently been stuck in a four-hour sideways consolidation, unable to effectively break through the support level for 24 hours. Under this market characteristic, the most reliable strategy is to follow the market rhythm and seize small retracement opportunities on the five-minute chart to enter long positions decisively.
From a technical perspective, it currently continues the logic of the 30-minute trend, with no obvious signs of structural breakdown in the short term. As long as the lows are defended, there is still room for upward movement.
Specific trading ideas:
For entry, it is recommended to position within the 2960-2980 range, which is near a key support level, with relatively clear risk control.
The upper target can be viewed in two stages—first focus on 3040, and once broken, then see if 3100 faces resistance.
Stop-loss should be set strictly; if it breaks below 2900, exit decisively to prevent losses from expanding.
Overall, the bullish pattern remains intact. Be patient for retracements and enter the market steadily. There is still an opportunity in this medium-term trend.
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just_another_fish
· 8h ago
Been consolidating for so long, feeling a bit anxious, just waiting for that key level to break.
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TokenomicsTrapper
· 8h ago
nah this is just classic exit pump pattern before the vesting unlocks hit tbh... watched this exact setup dump on schedule like three times already lmao
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AlgoAlchemist
· 8h ago
Same old story, waiting for a pullback to position... The key is whether 2900 can hold, otherwise it's a bear trap.
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FlashLoanKing
· 8h ago
What support level are you talking about again? Is this wave of ETH really that stable? It still looks a bit uncertain to me...
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TokenomicsPolice
· 8h ago
It's the same old story again. If it doesn't break out in 24 hours, they start telling stories. I feel like this support at the low point has been tested a hundred times already.
Ethereum has recently been stuck in a four-hour sideways consolidation, unable to effectively break through the support level for 24 hours. Under this market characteristic, the most reliable strategy is to follow the market rhythm and seize small retracement opportunities on the five-minute chart to enter long positions decisively.
From a technical perspective, it currently continues the logic of the 30-minute trend, with no obvious signs of structural breakdown in the short term. As long as the lows are defended, there is still room for upward movement.
Specific trading ideas:
For entry, it is recommended to position within the 2960-2980 range, which is near a key support level, with relatively clear risk control.
The upper target can be viewed in two stages—first focus on 3040, and once broken, then see if 3100 faces resistance.
Stop-loss should be set strictly; if it breaks below 2900, exit decisively to prevent losses from expanding.
Overall, the bullish pattern remains intact. Be patient for retracements and enter the market steadily. There is still an opportunity in this medium-term trend.