Recently, ETH's performance has been quite promising. From a technical perspective, the RSI at 54.8 is in a neutral to slightly bullish zone, indicating that the bulls still have momentum.

Looking closely at the price movement, ETH has been oscillating between the support level of $2923.75 and the resistance level of $3043.09. Currently, the price is around $2983.42, which is not far from the key breakout point at $3028.17. If this wave can stabilize and successfully break through, the subsequent upside potential could be significant. The market sentiment is still quite positive, with bulls clearly in control, but the increasing probability of a breakdown in this environment cannot be ignored.

Honestly, watching this market trend makes it hard to stay calm. My approach is this: keep an eye on this level, and once the price smoothly breaks above $3028.17, consider adding to your position appropriately, as following the trend is the right way to make money. But risk management is crucial—if the price falls below the key support at $2923.75, stop-loss measures should be taken immediately to protect the principal. Protecting your capital always comes first.

This is the norm in the crypto world; ups and downs are inevitable. As long as we stay rational and follow the trend, opportunities will come. Brothers, what do you think about this wave? Feel free to share your thoughts.

Key price levels for reference:
Support: $2923.75
Resistance: $3043.09
Breakout: $3028.17