Regarding Ethereum $ETH trading recommendations for today, the market is currently at a critical stage, with bulls and bears vying around the $3,100 level.



Current Market Stage: Consolidation at Key Level

According to the latest market analysis, after experiencing fluctuations, Ethereum's price is now stabilizing around $3,100. Multiple analyses indicate that this level is a key watershed for determining the short-term trend ahead.

Bullish and Bearish Views & Key Price Levels

🔴 Bearish / Pullback Approach

· Core View: Price is encountering resistance and may pull back to test lower support.
· Key Resistance Levels: $3,170, $3,140-$3,150
· Lower Support and Target Levels:
· First Support: $3,050, $3,000 psychological level
· Key Support: $2,900-$2,920 range
· Deeper Support: $2,780-$2,800 range
· Trading Reference: If the price fails to effectively break above $3,170, a downward move may follow; watch support at $3,050 and $3,000.

🟢 Bullish / Breakout Approach

· Core View: The price has established a base and will rally further upon breaking resistance.
· Key Breakout Levels: $3,170, $3,250
· Upper Target Levels:
· Short-term Target: $3,500
· Mid-term Target: $3,600-$4,500 range
· Trading Reference: If the price breaks above $3,170 with volume, there may be room for further upside, with the next target above $3,250.

Trading Strategy Reference

· Aggressive Breakout Strategy: If the price surges and clearly breaks above $3,170, consider entering a light long position, setting the initial target at $3,250 and a stop-loss below $3,050.
· Conservative Pullback Strategy: If the price meets resistance and falls back near $3,170, wait for a pullback to the key support levels at $3,050 or $3,000. Observe for stabilization signals before entering. If price drops below $2,900, reassess the trend. #美联储降息预测
ETH6.02%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
Sumon123vip
· 12-08 15:09
Bull Run 🐂
Reply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)