Recently, Ethereum and Bitcoin have been moving in sync, both oscillating within a range and repeatedly testing levels.



From a technical perspective, ETH is currently in a clear consolidation phase. The support level is around 2888-2870, while the resistance is in the 3030-3050 range. Although the space between these two lines isn't very large, there is still some fluctuation.

There is a key level worth paying attention to—on the 4-hour chart, 2965 is the current boundary between strength and weakness in the consolidation. Breaking above it could lead to testing the resistance, while falling below might lead to further downward exploration.

If you want to go long, the 2780-2790 range is a good entry point. This position still has some buffer from the support level and is relatively low, offering a balanced risk-reward ratio. Of course, specific operations should also consider your own risk tolerance.
ETH0.02%
BTC-0.07%
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GasFeeCryvip
· 4h ago
Still fluctuating, I'm overwhelmed. When will it break through? Wait, can 2780 really be bottomed out? It still feels like it will keep falling. Damn, the 2965 line hasn't been broken again. Are you trying to trick me into entering the market? Bullish setup? Bro, I'm currently all in on short positions. This wave of volatility has played me out. Honestly, I don't believe in the 2888 support at all. There are still people waiting below.
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ShibaMillionairen'tvip
· 4h ago
Still fluctuating again, this rhythm is really annoying I've been watching the 2965 level for a long time; it can be a lifesaver at critical moments I dare not buy the dip at 2780, afraid of cutting losses and leaving shadows Wait, what if BTC suddenly surges? How to handle ETH's follow-up correction? This round of market movement, can't it be stable? Why does it have to keep messing around?
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PumpBeforeRugvip
· 4h ago
Still fluctuating, so annoying. I'll wait until it drops to 2780 before buying in again.
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zkProofGremlinvip
· 4h ago
It's the same story again, always talking about risk-reward balance, and what happens? 2780 breaks and breaks again. Anyway, I can't wait for so many support levels, if 2965 doesn't break, I'll just stay put. This time, it all depends on BTC's mood; ETH is just a follower.
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DeFiCaffeinatorvip
· 4h ago
Line 2965 is so critical. I waited a long time to reach this point and must seize it well.
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rekt_but_not_brokevip
· 4h ago
2965 If it doesn't break, I'll keep lying flat; anyway, I'm used to the fluctuations already. It's the same old rhetoric, analyzed it the same way last time, and what was the result? 2780 breaking is the real interesting part. Entering now would just be accepting the knife. I’m optimistic about ETH but not about this wave of the market; I feel it might dip further. Just organize my thoughts, anyway I’ve already sold out. I'll wait for a clear signal before making any moves.
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