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Don't remind me again today

The recent trend of ETH is quite interesting. The price touched 2720 dollars and then started to rebound, now it is swaying around 2800, looking like it is preparing to linger in this range in the short term.



Looking up, there should be significant resistance around 2880 to 2920. After all, the previous drop started from this position, so it will be difficult to break through at least the first two attempts. If this area is tested repeatedly, the likelihood of breaking through later may actually increase.

The support below is temporarily focused on the range of 2740-2760, but don't expect it to hold up too many times. The last two rounds of retests were relatively reliable, but the more tests there are, the more dangerous it becomes. In short, this stage is a typical oscillation repair market, so be patient and wait for a directional choice.
ETH7.4%
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metaverse_hermitvip
· 16h ago
The position at 2800 has been stuck for so long, I'm really getting a bit annoyed. If it can't break 2880-2920, it will have to drop down, this pattern is really accurate. Be careful with support being tested repeatedly, don't wait until the last moment to run.
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AllInAlicevip
· 16h ago
The word "磨蹭" is used really perfectly, it's exactly that kind of feeling. Repeatedly testing support is truly dangerous, I've seen too many instances of breaking positions. Can we break through the 2880 barrier this time? It feels a bit precarious. Let's wait and see, going in now makes it easy to get trapped. This wave of market movement is testing patience; whoever is anxious will be unlucky.
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DefiOldTrickstervip
· 16h ago
I've seen too many suckers go bankrupt at the 2880 level. Repeatedly testing it is like handing a knife to the market maker.
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AirdropNinjavip
· 16h ago
2800 is a hurdle that keeps entangling; without some patience, it's really hard to wait. If we can't break 2920, I think it looks precarious, and 2740 can't withstand too many tests. The most annoying thing about a volatile market is that it tests your mindset. The rebound angle this time is quite good; it just depends on how far it can go. If support is tested too many times, it really becomes useless; this logic is correct.
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NeonCollectorvip
· 16h ago
2800 swinging back and forth, this is a Whipsaw --- Again, it's the old trick of 2880-2920, whether it breaks or not really depends on the capital's temperament --- Testing the support level too many times becomes useless, this is quite heart-wrenching to say --- The oscillation repair is simply waiting for the right opportunity, sit tight and don’t move around --- It feels like we are going to grind in this range until we go bald, when can we choose a direction? --- 2740 really can't hold up after a few times, keep that in mind --- Repeatedly testing resistance makes it easier to break through, I agree with this logic --- Now is the time to test patience, can't be rushed --- The last two attempts to surge failed, can the third time work? --- The fall is just a Whipsaw, continue to hold on, brothers
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PumpStrategistvip
· 16h ago
I looked at the distribution of chips at the bottom of 2720, and to be honest, it's a bit interesting. I've heard the saying about repeatedly testing resistance too many times; the key still lies in Trading Volume. Consolidation repair? Instead of waiting for direction, it’s better to look at the flow of funds. This guy explains the technical aspects quite well, but he missed the emotional indicators. Wandering around 2800, huh? I bet five bucks that the next wave will break support.
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