Ethereum Bull-Bear Showdown at 2900: Break Here, Next Stop Points to 2700? 策略分享

Recently, the market has been really frustrating, oscillating back and forth, feeling like it's being manipulated by large funds, with no room for reaction. This is completely different from the previous one-sided markets where it either goes up or down. With institutions pushing prices down and up, the price hasn't moved much, but our retail wallets might be getting drained.

Looking at Ethereum's movement, it has indeed been fluctuating within a range lately. Right now, what everyone is most concerned about is the $2900 level. Some analysts believe that if it can stabilize above this price, there’s a chance to challenge higher levels. However, if it effectively breaks down, the next important support level to watch is around $2716 to $2778. This morning's market was a bit like a “false move,” pretending to break below $2892 but quickly bouncing back. In such times, if you went long in the morning, then around $2974 becomes a crucial defensive line, and one must not hesitate when getting there.

I really want to remind everyone: don't have the mindset of “it’s already fallen enough.” This is particularly dangerous in a choppy market. Do you remember examples like Luna and FTT? If the market lacks consensus, it can't be pushed up by just a few big players; no matter how much money there is, it might not hold. The overall market sentiment right now is still quite bleak, and one could even say it’s in a state of “extreme fear.”

To be honest, in such a market, my personal feeling is just three words: truly exhausting. The signs of institutional control are obvious; prices are bouncing up and down, making it hard for retail investors to keep pace. The worst part is thinking it’s at the bottom, only for it to be halfway down.

If you want to operate now, my personal view is that it’s best not to rush in all at once. You could consider taking positions in batches, for example, entering a portion at the current price, and if it stabilizes around the previously mentioned $2824, then add more. @ETH珠姐

Tonight at 9:30, unemployment rate + non-farm + retail data triple impact, I have prepared a strategy, ready to short high with fans, and profit is tonight! 👇 The token codes and trading points are ready, chat room gathering @ETH珠姐