Ethereum Market Strategy Compilation
Last Week Market Review
1. Overall Trend: Last week exhibited a 'M' shaped trend with an initial increase followed by a decline. The increase was significant, but the subsequent drop was even larger, with the final price nearly closing at the previous week's bull-bear line point, with bears holding a temporary advantage.
2. Daily Market Performance: The intraday increase was about 2.7%, with an increase of 83-84 USD, currently quoted at 3145 USD, but the price has not yet broken through the key resistance level, and short-term rebound momentum is in doubt.
II. Core Trading Parameters for This Week
1. This Week's Bull-Bear Line: 3176.88 USD (current price is below this level, short-term bears still dominate)
2. Bull Take Profit: 3338.7 USD → 3438.67 USD → 3649 USD
3. Bear Take Profit: 3015 USD → 2915 USD → 2753 USD
4. Key Resistance Levels: 3103.16 USD (Fibonacci 0.618), 3171 USD, 3175 USD, multiple key levels form a resonance resistance zone $ETH
III. Bull-Bear Pattern Judgment and Core Operations
1. Short-term Pattern (This Week): The current price is below the 3176.88 USD bull-bear line. If it cannot effectively break through this level this week, the strong short-term bearish pattern will remain unchanged; only by breaking through and stabilizing at this level, while also overcoming key resistance levels such as 3103.16 USD and 3171 USD, will there be a chance of reversal.
2. Trend Pattern (This Month): The key resistance level at the monthly level has not been broken, combined with the resonance resistance at the weekly level, the overall resistance is strong, and no clear reversal signal has appeared in the medium to long term.
3. Core Operation Tips: Focus on the breakthrough of the 3176.88 USD bull-bear line and the effectiveness of resistance at key levels such as 3103.16 USD. Operations should strictly rely on whether the level breaks or not to adjust strategies, avoiding blind chasing of price increases.
