What is the outlook for Ethereum? From a technical perspective, it remains somewhat weak in the short term.



The trading strategy is very clear—establish short positions within the 3028 to 3078 range. Why choose this area? Simply put, this is the zone with the densest short-term resistance. Moving averages are also pressing down in this region. The combined pressure makes it quite likely that the price will encounter resistance if it rebounds to this level.

If it drops, the first target is 2978; if broken, then look at 2925. However, there are no risk-free trades, and given the high volatility of the crypto market, stop-losses must be set properly. Don't be overly greedy with your positions; extreme market conditions can occur at any time. Managing risk is the key.
ETH2.91%
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ParallelChainMaxivip
· 6h ago
The 3028-3078 short squeeze is indeed tempting, but I still feel like this time it might bounce back.
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StableBoivip
· 6h ago
3028-3078 shorts are quite aggressive this time. Let's wait for the rebound to hit back.
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BitcoinDaddyvip
· 6h ago
I'm also watching the 3028-3078 range, but I have a feeling the rebound might be stronger than you think.
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SocialAnxietyStakervip
· 6h ago
I'm also watching the 3028-3078 range, but I always feel that the main force is going to shake out the traders, and it might reverse and drop again.
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