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Wow, the trend of Ethereum is quite thrilling, plummeting from above 3650 to around 2940, with almost no resistance; market sentiment seems to be pressed to the floor.


From a daily perspective, this large bearish candlestick has directly smashed into the key support area at 2940, which is a psychological barrier and the last line of defense for many bulls. Although the overall bearish momentum is strong, the drop has been so rapid and deep, it's like a spring being compressed too tightly, and a technical rebound could happen at any moment.
Key positions are being closely monitored:
Next, let's look at 2940. If it can't hold, the next level down will be 2800.
If there is a rebound above, 3300-3350 is the first major resistance zone, which is difficult to break through in one go.
Operating idea:
Ethereum: Near 2940, you can take a small position to bet on a rebound, place the stop loss at 2880, and target the upper area around 3200 #美国结束政府停摆 .
ETH-7.26%
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