From the monthly chart pattern, the most ideal movement for Ethereum next month is to first dip to the 2800-2840 range and then rally. This level exactly corresponds to a three-bottom pattern on the monthly chart.
For traders who haven't taken a position yet, it's important to prepare a bottom position in advance. When the price retraces to the key support zone of 2800-2840, it's a good opportunity to add to your position.
In terms of price targets, Ethereum is expected to surge to the 3510-3860 range next month. However, I personally am not in a rush to short. I will only consider turning to a short position if the price breaks above 3800. After that level, shorting opportunities become quite obvious, and you can basically short without much thought.
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TheMemefather
· 13h ago
2800 to buy the dip? Alright, I bet it breaks below.
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GateUser-e19e9c10
· 13h ago
Holding 2800 is the real achievement; it's a bit early to say the bottom has been reached with three needles.
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BlindBoxVictim
· 13h ago
Can 2800 really hold? It feels like it's going to break.
From the monthly chart pattern, the most ideal movement for Ethereum next month is to first dip to the 2800-2840 range and then rally. This level exactly corresponds to a three-bottom pattern on the monthly chart.
For traders who haven't taken a position yet, it's important to prepare a bottom position in advance. When the price retraces to the key support zone of 2800-2840, it's a good opportunity to add to your position.
In terms of price targets, Ethereum is expected to surge to the 3510-3860 range next month. However, I personally am not in a rush to short. I will only consider turning to a short position if the price breaks above 3800. After that level, shorting opportunities become quite obvious, and you can basically short without much thought.