Based on the current market conditions, traders generally recommend adopting a cautious strategy:
- **Main Idea**: Given that the price is operating below key resistance levels, **shorting on rallies** is the main idea for many short-term traders at present. The suggested focus for shorting is around **$4,030 - $4,060**, with targets looking towards $3,950 or lower.
- **Alternative Approach**: If the price falls back to the strong support area of **$3,880 - $3,850** and shows signs of stabilization, consider **going long at low levels** to capture rebound profits.
- **Key Reminder**: **$4,060** is the lifeline for the future. If it can break through with volume and hold this level, the current bearish pattern may fail, and the price is likely to welcome a new round of increase. On the contrary, if it effectively breaks below the support of **$3,880**, it may further explore **$3,600**.
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September 27 ETH price movement prediction
### 💡 Operation strategy reference
Based on the current market conditions, traders generally recommend adopting a cautious strategy:
- **Main Idea**: Given that the price is operating below key resistance levels, **shorting on rallies** is the main idea for many short-term traders at present. The suggested focus for shorting is around **$4,030 - $4,060**, with targets looking towards $3,950 or lower.
- **Alternative Approach**: If the price falls back to the strong support area of **$3,880 - $3,850** and shows signs of stabilization, consider **going long at low levels** to capture rebound profits.
- **Key Reminder**: **$4,060** is the lifeline for the future. If it can break through with volume and hold this level, the current bearish pattern may fail, and the price is likely to welcome a new round of increase. On the contrary, if it effectively breaks below the support of **$3,880**, it may further explore **$3,600**.