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Strike Gold by Sharing Your TradFi Orders and Pictures!
Post on Gate Square and split $10,000 in rewards!
The TradFi Gold Lucky Bag is now live—1g of real gold every 10 minutes. Trade nonstop, win nonstop!
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ETH Market Update | Short-Term Range, Eyes on Breakout
Ethereum is currently trading in a mixed, range-bound structure after recent volatility. Price is holding near the $3,100 zone, while traders wait for a clear catalyst. Higher-timeframe structure remains constructive, but short-term momentum is still undecided. Slightly lower volume suggests the market is pausing before its next major move.
📈 Bullish View
Higher lows forming on the 4H chart
RSI near 50, leaving room for upside
Break & close above $3,300–$3,350 could open targets at $3,420 → $3,500
MACD pressure easing, hinting at possible recovery
BTC stability would further support bullish momentum
📉 Bearish Risks
Immediate support at $3,000
Stronger demand zone at $2,900–$2,770
Breakdown below support may trigger increased volatility
Watch funding rates & leverage for sudden moves
🔍 Market Outlook ETH remains range-bound with a slight bullish bias. Smart traders are waiting for confirmation:
✅ Daily close above resistance → bullish setups
Rejection from resistance → short opportunities
Key Levels
Resistance: $3,300 / $3,450
Support: $3,000 / $2,900
Trade smart, manage risk, and stay disciplined ✨🥇
$ETH #Gateio #GateTradFi #CryptoAnalysis