The 3060 barrier has not been broken through, and after yesterday's rally followed by a pullback, a short position was opened. Now it’s oscillating between 3000-3050. Trading activity during the day is not active, and there are basically no opportunities; we’ll have to see how the US stock market performs in the evening.
Honestly, the current market sentiment towards the crypto sector is not high, and the potential for growth is heavily suppressed, making it difficult to break through northward.
The market signals are very clear — the descending triangle has broken below the support line, indicating that the bears have gained control.
The current dilemma for ETH is:
Repeatedly struggling between 2900-3050, with 3100 becoming the ceiling. Every time it approaches, it gets suppressed, the rebound strength is insufficient, and trading volume is sluggish. In plain terms, no one is willing to take the other side. The overhead pressure is too heavy, and the probability of continuing downward movement is higher.
By the way, let’s also track other tokens: PIPPIN, ZBT, BEAT, RVV, to see if there are any structural opportunities.
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GasFeeCryer
· 8h ago
If the 3060 can't break through, there's no point in wasting effort. It seems like no one really wants to take on this move.
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MEV_Whisperer
· 8h ago
This level at 3060 really can't hold, the bears are holding their ground here.
No one is taking the bait, trading volume has dried up, this market is no fun.
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SneakyFlashloan
· 8h ago
If you can't break 3060, don't even think about it. The short sellers are really stuck this time; the most hopeless thing is that no one is willing to take the bait.
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GasWaster
· 9h ago
ngl eth's been sitting in this depressing 3k range longer than i've been waiting for a decent gas window... down 50 gwei and still not worth the bridge fees tbh
#数字资产市场动态 $ETH The situation is indeed a bit awkward.
The 3060 barrier has not been broken through, and after yesterday's rally followed by a pullback, a short position was opened. Now it’s oscillating between 3000-3050. Trading activity during the day is not active, and there are basically no opportunities; we’ll have to see how the US stock market performs in the evening.
Honestly, the current market sentiment towards the crypto sector is not high, and the potential for growth is heavily suppressed, making it difficult to break through northward.
The market signals are very clear — the descending triangle has broken below the support line, indicating that the bears have gained control.
The current dilemma for ETH is:
Repeatedly struggling between 2900-3050, with 3100 becoming the ceiling. Every time it approaches, it gets suppressed, the rebound strength is insufficient, and trading volume is sluggish. In plain terms, no one is willing to take the other side. The overhead pressure is too heavy, and the probability of continuing downward movement is higher.
By the way, let’s also track other tokens: PIPPIN, ZBT, BEAT, RVV, to see if there are any structural opportunities.