$ETH Key Support Game: Is it a False Breakdown or a Real Reversal?
Ethereum's daily line has just completed three rounds of rebound and correction, currently caught in a key support level game! The current rebound is weak, and the volume is not keeping up, clearly indicating that the main force is washing the plate and grinding people.
Looking back at historical trends, it's clear that this wave is likely to replicate the "false breakdown" playbook—short term, it might slightly break the support to scare retail investors into cutting losses, and then immediately pull up to start a new market trend. The main force has done this at the 2800-point and 3000-point support levels before.
The two extreme scenarios have low probability: either truly breaking the support and returning to a downtrend, requiring immediate stop-loss; or stabilizing above 3200 points and directly reversing. However, the main force will not easily give opportunities for low-priced entry or easy profits.
Core operation: Don't panic with your holdings, hold onto your chips tightly and don't be deceived; wait for clear signals before entering, don’t randomly catch the bottom.
Keep a close watch on the volume and the strength of the 3200-point watershed to grasp the trend and earn profits.
