#以太坊行情解读 $ETH formed support around 2900 last night, but the breakout was weak, and the upward momentum has significantly diminished. Today's key is to observe whether it can hold above after a second dip, especially whether it can stabilize above 2920. The ideal situation is to trade sideways above 2950, which would provide a chance for further upward movement.

Once it breaks below the psychological barrier of 2900, attention should be paid to the levels of 2885, 2835, and 2790 below, as these are important supports. If the actual price breaks through 2800, it essentially confirms the risk of a deep pullback, which may test levels such as 2620, 2250, and even 2100.

From the trading framework, 3000 is a watershed - the logic for going long is stronger above, while the bears dominate below. The core is still to focus on those key supports and resistances, operating according to the intraday range rhythm. Wait for the price to quickly fluctuate and then pull back, or fail to break through and reverse; at this point, intervene from the right side, using a short stop loss to exchange for a large risk-reward ratio, which will be much more efficient. Do not stubbornly squat in the middle position, as it is easy to get repeatedly stopped out.

Currently, the intraday range is between 2950 and 3050, and if extended, it would be from 2900 to 3100. If the price fails to break above 3000 and instead moves sideways between 2900 and 3000 repeatedly, it indicates that the range itself is sinking, and the extended range would need to shift down by 50 points, becoming the new range of 2850 to 3050.

Bullish perspective: The upward momentum is weakening increasingly, whether at the top or bottom, the overall trend is stepping down. The overall pattern of bears is beginning to take shape. The retracement levels for this downward wave are 2885, 2835, and 2800 (2800 is especially a psychological level). A small position can be taken at each support level with a short stop loss, aiming for a favorable risk-reward ratio in this wave.

Bearish outlook: In the range of 2950 to 3050, once you see the price quickly recover, decisively short, focusing on short-term positions. Set take-profit orders in batches at 2920, 2885, 2835, and 2800, while using dynamic stop-loss to manage risk and ensure profits are not given back.

To achieve stable profits, placing blind orders is absolutely unworkable, and the final earnings will be swallowed by losses. The height of one's understanding determines the height of the account; learning to analyze market structure and understand trading logic is essential to capture those opportunities for flipping the account amidst volatility.