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!

Institutional activities clearly reflect the market's conflicting sentiments. The negative side is that the trend of funds flowing out of Ethereum ETF products continues, exerting ongoing market pressure.
However, positive signals are also prominent. First, mining company BitMine publicly increased its holdings by 33,504 ETH today, worth approximately $112 million, continuing its accumulation pattern. Second, despite the overall ETF fund outflows, a product under the leading asset management firm BlackRock experienced a single-day net inflow of about $23.2 million, indicating strategic differe

The current market presents a textbook-like confrontation between bulls and bears. The bears' main basis is a possible forming bearish technical pattern — the evening doji star, which suggests that the previous upward momentum may be weakening. Meanwhile, the overall market structure remains constrained by a downward trend line, and recent net capital outflows from the Ethereum spot ETF indicate that some institutional funds are still withdrawing.
However, there are remarkable strong signals from the bulls. On-chain monitoring shows that a "smart money" whale has established a leveraged long p

$ETH 1-hour level shows a rebound after forming a bottom, with the price bouncing from a low and currently testing a key resistance area. Short-term bulls and bears are in a tug-of-war.
Ethereum Holy Operations Core Ideas:
Focus on shorting at resistance during rebounds; consider light long positions to catch rebounds during sharp dips.
Specific Trading Plan:
Bearish Side
Rebound Shorting: When the price rebounds to the 3180-3220 resistance zone and shows a slowdown in momentum (stagnant candle), short in batches | Target: 30-120 points+
Breakout Short: When the price breaks below the 3050 sup