#数字资产市场动态 Ethereum's recent market movement, to be honest, is just testing patience. The 2980 level is holding tightly, unable to break above the 3050 resistance zone, while the support at 2880 also refuses to give way—it's a classic sandwich situation. In the short term, it's a back-and-forth grind; holding positions for too long becomes frustrating. Frankly, it's a psychological battle.



Looking at the market structure, the 2880-2900 range used to be a zone with heavy trading activity, providing solid support. The 3050-3070 levels have been tested multiple times by rebounds but can't break through, making the resistance quite heavy. With less than 200 points of space above and below, both longs and shorts are trapped.

But the key isn't on the surface. Looking at the data, open interest on futures is gradually increasing, hinting that funds are quietly accumulating. Even more interesting is that spot holdings on exchanges are continuously flowing out, indicating that chips are changing hands—from short-term traders and panic sellers to long-term investors who can sit tight. This is typical accumulation behavior; seasoned industry players have seen this pattern before.

The biggest issue now is the lack of volume. Without trading volume to support, any attempt to push up or down is just a fake move, designed to trap longs or shorts. Genuine directional moves require volume-confirmed bullish or bearish candles. Until then, all fluctuations are just noise.

How to operate? Those with heavy positions shouldn't force it. Use rebounds to sell some assets within the 2950-3050 range, regaining control of the initiative.

For those with light or no positions, now is a test of patience. Cash on hand is like bullets—don't rush to load them. Wait for one of two signals: first, a volume breakout above 3050 with a steady hold, confirming a trend reversal; second, the market sentiment collapses completely, with panic selling near 2600—that's the best bottom-fishing opportunity.

A sideways market won't last forever; bulls and bears will eventually decide a winner. I don't trade based on mood, but on how funds flow and how the structure changes. Knowing when to stay calm and when to act decisively is the key to surviving long in this market.
ETH1.55%
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