Currently, ETH is in a 【range oscillation】, with the price close to strong support at 2785.01. The moving averages show a bearish arrangement, indicating downward pressure, but a bullish engulfing pattern has appeared recently, suggesting a potential rebound in the short term. External sentiment is neutral, and there are no obvious macro drivers.

In terms of operations, it is recommended to layout in both directions with strict risk control:

Strategy 1: Sell High

Entry: Around 2855 USDC

Stop Loss: 2875 USDC

Target: 2800 USDC

Basis: Close to resistance level, moving averages suppressing, suitable for selling at the upper range.

Strategy 2: Buy Low

Entry: Around 2780 USDC

Stop Loss: 2765 USDC

Target: 2820 USDC

Basis: Strong support combined with bullish patterns, suitable for betting on a rebound at the lower range.

If the price breaks through the stop loss level, the strategy becomes invalid; please pay attention to exit in a timely manner $ETH

ETHUSDT

Perp

2,947.06

+0.92%