This morning, Ethereum's performance was still a bit weak, oscillating in the range of 3060 to 3150 without a clear direction. After spiking to 3147 overnight, it turned around and now is basically consolidating around 3080, with no significant increase in trading volume.
From a technical perspective, support is at 3050 below, and resistance is at 3150 above. If either side breaks, follow the trend; but if it stays within the range, just wait. The most stable strategy in this kind of market is to buy low and sell high.
For trading, the price range of 3070 to 3100 is suitable for going long and trying. Of course, the market can change instantly, so it's important to stay flexible and respond to real-time movements. Recently, BTC and XRP are also moving to their own rhythms.
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MEVHunterZhang
· 01-10 03:53
3147 didn't hold at all, the feeling of this breakdown is really incredible... Still need to see if 3050 can hold.
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RugPullSurvivor
· 01-10 03:52
It's that awkward market situation again, really getting on my nerves.
The 3080 has been sideways for so long, I'm already numb. Let's wait for a breakdown.
Selling high and buying low sounds easy, but in practice, a slip of the hand just makes you the bag holder.
Should I try the 3070? I really don't want to be cut again.
This market isn't very interesting; let's wait for BTC to give us some direction.
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MrDecoder
· 01-10 03:49
3150 has been hit again. Buying low and selling high really requires patience.
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BearMarketBuilder
· 01-10 03:37
Another terrible market condition. It's really frustrating that we can't break through 3150. Just sell high and buy low, and it's all set.
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BuyTheTop
· 01-10 03:33
It's that frustrating sideways movement again, really annoying.
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Repeated fluctuations around 3080, my orders have already been wiped out.
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Listening to "buy low, sell high" sounds simple, but actually executing it is really exhausting.
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Breaking the level is the key, otherwise just don't move.
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The volume in the early session is really not enough, let's wait and see if we can get some momentum.
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Trying to go long at 3070? I think we need to wait and see more.
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ETH is so weak right now, might as well keep an eye on BTC.
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Range-bound fluctuations are the easiest way to lose money, so I choose to sleep.
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LuckyHashValue
· 01-10 03:26
This wave of Ethereum is just a chicken rib market, flipping back and forth, trading volume is also dead silent...
Try entering long at 3070 to get a feel for it; anyway, as long as it doesn't break below 3050, keep playing.
It's not the first time I've seen this kind of torment; just be patient and wait for the breakdown...
Sideways trading is the most annoying; high selling and low buying can earn some fees.
If we can't get past the 3150 hurdle, we'll have to wait for the next signal...
This morning, Ethereum's performance was still a bit weak, oscillating in the range of 3060 to 3150 without a clear direction. After spiking to 3147 overnight, it turned around and now is basically consolidating around 3080, with no significant increase in trading volume.
From a technical perspective, support is at 3050 below, and resistance is at 3150 above. If either side breaks, follow the trend; but if it stays within the range, just wait. The most stable strategy in this kind of market is to buy low and sell high.
For trading, the price range of 3070 to 3100 is suitable for going long and trying. Of course, the market can change instantly, so it's important to stay flexible and respond to real-time movements. Recently, BTC and XRP are also moving to their own rhythms.