Ethereum Midnight Trading Strategy

The core watershed of the short-term trend for Ethereum at midnight is the 3020 line. The gains and losses at this price level directly determine the long-short direction on the 1-2 hour scale, and operations should be anchored around this point.

If the price stabilizes and does not break after a pullback to 3020, it indicates that the bullish momentum still holds a dominant advantage, and the trend is likely to continue. One can accordingly layout long positions, with upward targets focusing on the resistance zones of 3078, 3115, and 3145. It is recommended to take profits in batches near each resistance level to avoid the risk of a market pullback after a spike.

If the price effectively breaks below the key support of 3020, there is a high probability that the 1-2 hour level will initiate a corrective trend, with bearish forces potentially gradually releasing. At this point, one can shift to a short-selling strategy at highs, with lower support levels referencing 2996, 2966, and 2935. Stop-loss should be set above 3020 to prevent passive stop-loss triggered by false breakouts.

Overnight operations must strictly control positions, closely monitor changes in volume and the effectiveness of breakthroughs at key price levels, and avoid blindly chasing highs and lows. $ETH