Currently, Ethereum is oscillating within a narrow range of $2860 to $2900, which is considered by analysts as a key support zone in the near term. If this support area is effectively broken, the downside risk will increase, and the next significant support level could be around $2700.
Faced with the current price levels, market analysis opinions are diverging significantly, creating a tug-of-war between bulls and bears:
· Bearish view: Represented by analyst Ali Charts, who issued a stern warning. He believes that if Ethereum's monthly closing price falls below $2930, it could open the door t

$ETH 1-hour level shows accelerated breakdown and decline, with the price breaking below the key support at 2900. Bearish momentum is strongly released, and the short-term trend is clearly downward.
Ethereum Holy Operation Core Ideas:
Primarily short on rebounds, strictly prohibit blind bottom-fishing.
Specific Trading Plan:
Bearish Direction
Short on Rebounds: When the price rebounds to around 2920 and shows a stagnation K-line at the resistance zone, short in batches | Target: 30-120 points+
Breakout Short: When the price breaks below support around 2780, follow the trend to short | Target:

Swing Trading Strategy: Reduce your position! If profits exceed 10 points, be sure to implement entry protection! There are two approaches: one is to run half and preserve the capital with the other half, or to use a breakeven trailing stop-loss strategy! (Move 5 points in the same direction whenever price deviates by a certain amount from the cost to protect profits) Never get emotional! Orders will inevitably explode sooner or later!

Today, Ethereum's price continues to fluctuate weakly, with the price around $2947 at the time of writing. The overall market performance is mixed, with mainstream assets like Bitcoin and XRP rising slightly by about 1%, while Ethereum remains under pressure, becoming one of the few coins that failed to close higher.
Technical analysis indicates that the current market is at a critical decision point. Ethereum's price is striving to defend the key support zone of $2900-$2920. This area is crucial because it forms a potential neckline of a "head and shoulders" bearish pattern. If the price effe

$ETH The 1-hour timeframe shows a weak rebound after oversold conditions, with the price oscillating near the lower end of the 2900-3050 range. The overall structure remains dominated by bears.
Ethereum Holy Operation Core Strategy:
Focus on shorting during rebounds at resistance levels, and lightly attempt rebounds during sharp declines at support levels.
Specific Trading Plan:
Bearish Strategy
Short on rebound: When the price rebounds to the resistance zone around 3020-3050 and shows signs of slowing momentum, short in batches | Target: 30-120 points+
Breakout short: When the price breaks be

Swing Trading Strategy: Reduce your position! If profits exceed 10 points, be sure to implement entry protection! There are two approaches: one is to run half and preserve the capital with the other half, or to use a breakeven trailing stop-loss strategy! (Move 5 points in the same direction whenever price deviates by a certain amount from the cost to protect profits) Never get emotional! Orders will inevitably explode sooner or later!

Sharp price volatility triggered widespread forced liquidations. Data shows that in the past 24 hours, the total amount of liquidations across the entire network reached $677 million, affecting over 190,000 people. Among them, long positions liquidated amount to $583 million, while shorts account for $94.34 million, indicating that leveraged longs suffered particularly heavy losses.
Specifically for Ethereum, long liquidations totaled $176 million, far exceeding the $36.22 million in shorts. Some whale users with high leverage long positions were partially liquidated, while another whale holdi

$ETH The 1-hour timeframe shows accelerated breakdown with price effectively breaking below the key support zone of 3050-3080. Bearish momentum has significantly strengthened, and the short-term structure has clearly turned bearish.
Ethereum Bullish Trading Strategy:
Primarily rebounding to short, strictly avoid blindly bottom-fishing.
Specific trading plan:
Bearish side
Rebound to short: When price rebounds to around 3050$ETH near resistance zone and shows signs of hesitation with a K-line, short in batches | Target: 30-120 points+
Breakdown short: When price breaks below support near 2900,

Swing Trading Strategy: Reduce your position! If profits exceed 10 points, be sure to implement entry protection! There are two approaches: one is to run half and preserve the capital with the other half, or to use a breakeven trailing stop-loss strategy! (Move 5 points in the same direction whenever price deviates by a certain amount from the cost to protect profits) Never get emotional! Orders will inevitably explode sooner or later!

$ETH 1-hour timeframe shows narrow fluctuations within the range, with the price continuing to operate around the key zone of 3050-3220, and bulls and bears are in a stalemate.
Ethereum Holy Operation Core Strategy:
Buy low and sell high within the range, patiently wait for a breakout in either direction.
Specific Trading Plan:
Bearish Direction
Rebound Shorting: When the price rebounds to the resistance zone around 3180-3220 and shows signs of stagnation with a K-line, take partial short positions | Target: 30-120 points+
Breakdown Shorting: When the price falls below the support around 3050,

During a market downturn, Ethereum's technical trend enters a sensitive zone. Analysts generally consider the $3020 region as the current key static support, a level that has historically contained declines multiple times. There is also structural support around $3090. Whether these supports can hold is the first critical point in assessing short-term strength or weakness.
The resistance levels above are equally clear. Analysts point out that $3400 is an important resistance barrier; before reclaiming this level, there is a high risk of the price retesting $3000. A nearer resistance is located

Swing Trading Strategy: Reduce your position! If profits exceed 10 points, be sure to implement entry protection! There are two approaches: one is to run half and preserve the capital with the other half, or to use a breakeven trailing stop-loss strategy! (Move 5 points in the same direction whenever price deviates by a certain amount from the cost to protect profits) Never get emotional! Orders will inevitably explode sooner or later!