Looking at ETH's recent trend, there are quite a few opportunities in the range of 2960-2920. From a technical perspective, the support in this area is quite evident. If one can enter a go long position nearby, the potential for a Rebound afterwards is worth looking forward to.



The first target is around 3000. This round number has always been an important psychological level. After reaching it, consider taking some profits to reduce risk. If it continues to strengthen, 3040 is the second target, which is also a key resistance level to pay attention to. If it breaks through, the profit potential will be even more considerable.

Risk management should never be taken lightly. Be sure to set a stop-loss, especially after breaking support; carry it out decisively and do not harbor any illusions. Sometimes, the technical aspect can have false signals, so defense is more important than offense. This wave of operations is not particularly difficult; the key is to control the pace well and not over-leverage.
ETH-1.32%
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fren.ethvip
· 7h ago
It's blowing this position again, last time it was said like this and it fell hard.
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GasWastingMaximalistvip
· 7h ago
Is the 2920 hurdle about to break again? It feels like we're constantly going back and forth here. --- What's with the 3000 psychological price level? I've forgotten what I said last time. --- The stop loss needs to be set properly, or a plummet will take us back to square one. --- Leverage is really something to avoid; I've seen too many people go all in. --- Support level is always deceiving; it's better to be conservative. --- I'm tired of hearing that the rebound space is worth looking forward to. --- I'll believe it when it breaks 3040; for now, let's see if 3000 can hold.
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