Ethereum's recent market trend has indeed been a bit dull. Last night, there was a rebound around 3328, but the momentum was insufficient, and it subsequently retreated. It wasn't until this morning that it stabilized at 3294 before rebounding again.



The fluctuation range over the weekend was actually quite acceptable. From a trading perspective, around 3320 is suitable for short positions, expecting to gain 30 points and then take profits. Later, near 3300, there was an opportunity for a short-term long position, which could have gained 20 points. Trading back and forth like this, the rhythm is still pretty good.

The current issue is that the oscillation range is gradually narrowing. There is a stronghold at 3270 below, and resistance at 3330 above. To break out of this range completely, it probably has to wait until tonight or tomorrow morning. So, the short-term strategy remains bullish, with shorts serving as auxiliary hedges.

If you are not holding any positions, you can arrange as follows: go long around 3280, and if it doesn't fall further, add another position at 3250, targeting the 3330 to 3350 zone.
ETH0.27%
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SchroedingerAirdropvip
· 4h ago
Just trading back and forth over the weekend, short 3320 and long over 3300. After all the fuss, I only gained 50 points. This range is ridiculously narrow.
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RetiredMinervip
· 4h ago
It's another narrow-range fluctuation, really annoying. --- Breaking below 3320 did happen, but this rhythm feels like flipping over in bed. --- The fortress is firmly held down; it feels like we have to wait for a major event to break through. --- I'm also considering the move around 3280+, but I always feel something's missing. --- Tossing and turning like this over the weekend, might as well go to sleep. --- The 3300 line is really a bottleneck; can't go up or down.
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UnluckyValidatorvip
· 4h ago
3320 short position took a 30-point loss, 3300+ gained another 20 points. This weekend definitely wasn't a waste of effort. Is this fortress at 3270 really unbearable? Seems like we'll find out only tonight. Bought one lot above 3280, added more when it dropped to 3250. This move is still steady. Ah, again stuck at 3330. When will it break through? The weekend market is like this, bouncing back and forth isn't too bad. At that 3250 level, if it can hold, it will directly target 3350. Feels like we're just oscillating within a range, when will there be a breakout? The bullish main trend is fine, but we really need to wait for the right opportunity.
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tx_pending_forevervip
· 4h ago
3270 this fortress is indeed tough, the range is getting narrower and it's a bit dull
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GasFeeTearsvip
· 4h ago
Hopping back and forth between 3270 and 3330 to farm sheep is really much more comfortable than just holding the coin.
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SilentAlphavip
· 4h ago
This oscillation range is really about to drive people crazy. Let's wait for the breakout tonight.
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