Looking at the current market, Ethereum is still in a phase of repeated oscillation, with no clear direction. On the four-hour chart, the resistance is quite obvious, with the price fluctuating below important moving averages. Although there is a rebound from the bulls, the momentum is not strong enough, but the support below has never been truly broken, indicating that this is not a simple downtrend but rather a digestion of positions within a range.



Looking at the one-hour level, after repeatedly testing the bottom, the price has gradually stabilized. Although the momentum is weakening, the short-term correction is mainly through oscillation. As long as the support below is not broken during the pullback, there is still a chance for a rebound.

For trading ideas, consider it as oscillating within a range. Look for rebound opportunities around 2915–2920 during pullbacks, with a short-term target near 2950. If there is no volume increase when pushing up, it’s better to exit and observe.
ETH0,42%
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gaslight_gasfeezvip
· 2h ago
The box is oscillating like this. Enter a long position at 2915 and hold steady. Exit if it breaks 2950. Don't be greedy.
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MetaverseMigrantvip
· 2h ago
It's the same kind of box pattern again, which is a bit annoying. The support hasn't broken yet, so we need to wait for a rebound. Enter at 2915 to test the waters, but I think 2950 is the ceiling, really hard to break through.
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PoolJumpervip
· 2h ago
Still dithering within the range, it's really the fate of digesting chips. Wait, can 2915-2920 really rebound? Feels like it's always a trick. This kind of market is ridiculous; neither the bulls nor the bears have strength. Might as well let us all lose money. As long as the support hasn't broken, there's still hope, but I no longer believe it. If this short-term play continues, it's better to just go flat and lie down.
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RamenStackervip
· 3h ago
Another day of such stalemate, with the support level so obvious yet still trying to break down. This wave of volatility is a bit annoying. That area around 2915 is indeed worth a gamble, but I still believe that rebounds without volume are just false signals. The only thing worth paying attention to is whether the support holds; everything else needs to be reassessed. This kind of box-range market, instead of stressing over it, it's better to wait for confirmation at 2950. A surge without volume really isn't meaningful; caution is still necessary.
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DeFiCaffeinatorvip
· 3h ago
The box oscillation pattern is something I'm very familiar with, it's just wearing down people's patience. The real excitement is when it breaks out with volume. I'm numb to it, once again the old routine of support not breaking and rebound lacking strength. When will we see a satisfying move... Should I go long at 2915? I think I'll wait for a clearer signal before jumping in. If it rebounds, I’ll sell. This rhythm is hard to hold. It's either a box pattern or a recovery. I think the main players are just accumulating. Breakouts without volume are false signals, remember that. This wave seems to be stuck for a while longer, maybe I should look at other coins. Support not breaking isn’t a big deal; the key is whether it can hold the four-hour moving average later on. It's just oscillating in the short term. Those with patience can wait patiently, while those without patience might as well step back for now.
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