【ETH Today Market Brief】



The market shows a pattern of rising then pulling back, making turning points likely at high levels. The current trading strategy is mainly to go short on rallies, shorting when there is a rebound.

**Key Support and Resistance Levels:**

Upper Resistance: 3363→3394→3426→3446→3473 (possibly up to 3481)
Mid-range Focus: 3341, 3315 area (around 3307)
Lower Support: 3282, 3272, 3252, 3225, 3207 (below there is also 3195)

**Trading Framework:**

Overall, the price is fluctuating within the 3398-3177 range. If the price closes above 3380-3424, all long positions should be exited, as the price may continue to rise; conversely, if the price drops below 3207-3170, long positions should be closed, indicating the upward momentum has exhausted. Once the level of 3207 or 3177 is broken, this upward trend will be over.

**Segmented Trading Suggestions:**
- Consider long positions in the 3252-3220 range
- Short positions are suitable in the 3430-3460 range

**Additional Observations:**

Keep a close eye on the 947-945 threshold, as it is very critical. Watch for resistance at 982-992 above. The current situation is very sensitive—breakouts above continue upward, breaks below continue downward. The correlation between Bitcoin and Ethereum is moderate, but their coordination determines the subsequent direction.

※ Risk Reminder: Be sure to control your position sizes and avoid holding onto positions that you cannot withstand.
ETH-0,43%
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BridgeTrustFundvip
· 4h ago
The 3380-3424 range is really quite congested, feels like it’s prone to repeated washouts...
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OnchainDetectivevip
· 4h ago
Around 3400, it's going to get slapped again. The high-altitude strategy is fine, just worried that the rebound won't give an opportunity.
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New_Ser_Ngmivip
· 4h ago
When the price drops from a high level, it's time to run. Do you still dare to buy the dip now? If the 947 line breaks, we all have to admit defeat.
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SchrodingersPapervip
· 4h ago
It's the same pattern of rising and falling back again. I feel like I'm always stepping in at the high... I need to wait on the 3252 level, I don't want to be cut again.
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MemecoinTradervip
· 4h ago
watching the memetic cascade on this setup... that 3207 breakdown is literally the consensus kill switch. if btc doesn't play ball, the whole narrative collapses. classic psyops playbook rn
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