Ethereum's recent performance indeed gives a refreshing feeling.
From the 1-hour chart, the overall market has firmly stayed above 3080. The subsequent push towards 3200 is basically a matter of time, with little suspense. The technical support is also considered solid, and the probability of a short-term breakdown is low.
For those short positions trapped at high levels, don't be too anxious. The weekend is coming soon, and this period usually enters a high-level consolidation zone. The market often consolidates here, either pulling back after a rally or repeatedly confirming support at high levels. The key still depends on the capital flow during the weekend.
In summary, the recent rhythm of Ethereum is to first consolidate and confirm, then seek a breakout. Managing risks well and waiting for clearer directional signals is wiser than blindly chasing highs.
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LightningHarvester
· 9h ago
The 3080 has stabilized, and will 3200 be far behind? It all depends on how the weekend goes.
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SmartContractWorker
· 9h ago
The key level at 3080 is really holding strong; it seems there's no suspense about breaking 3200.
The weekend will probably be a washout again, just like every time.
Short sellers, hold on tight, and don't chase high this time.
Market liquidity movements determine everything; patience is required.
It feels like this wave is about to rise, but we still need to wait for the signals before acting.
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SilentObserver
· 9h ago
3080 is stable, just afraid that there will be another aggressive surge over the weekend
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SellLowExpert
· 9h ago
Is the 3080 stable? Don't lie to me, this time it's probably another high-level trap to lure buyers in.
Ethereum's recent performance indeed gives a refreshing feeling.
From the 1-hour chart, the overall market has firmly stayed above 3080. The subsequent push towards 3200 is basically a matter of time, with little suspense. The technical support is also considered solid, and the probability of a short-term breakdown is low.
For those short positions trapped at high levels, don't be too anxious. The weekend is coming soon, and this period usually enters a high-level consolidation zone. The market often consolidates here, either pulling back after a rally or repeatedly confirming support at high levels. The key still depends on the capital flow during the weekend.
In summary, the recent rhythm of Ethereum is to first consolidate and confirm, then seek a breakout. Managing risks well and waiting for clearer directional signals is wiser than blindly chasing highs.