#美联储回购协议计划 📊 Technical Analysis Scan: Where Are the Key Levels?

Recently, many friends have been asking about ETH's support and resistance levels. Here's a brief overview of the current situation.

**Short-term View (24-48 hours)**

The resistance is right at the 3031 level, which coincides with the 20-day moving average and the middle band of the Bollinger Bands. The psychological barrier at 3000 is also a hurdle. Above that, the previous resistance is at 3345.

Support below: The recent 24-hour low combined with psychological levels gather around the 2891-2920 range. If it drops further, the lower Bollinger Band at 2775 is a support. If weakness persists, watch for 2623.

Long-term structure: The EMA resistance at 3500 and the historical high near 4000 are the ceilings, while the volume support around 2400 provides a foundation.

**What is a reasonable trading approach?**

In the short term, the market is still in a state of confusion. If it rebounds and hits 3000-3031, consider a light short position with a stop loss at 3150. Conversely, if it breaks below 2891, go short with targets at 2775 or even lower at 2623.

From a medium to long-term perspective, the key is whether the monthly chart can hold above 3000 or form a double bottom bullish pattern. If a confirmation signal appears, you can gradually build positions on dips. For investors confident in ETH's long-term value, dollar-cost averaging in the 2400-2600 range is also a viable strategy.

No matter the approach, strict stop-loss management is essential, ideally within 3-5%.

**Risks to Watch Out For**

Exchange reserves are decreasing, which somewhat alleviates selling pressure. However, if the price cannot break through the 3000-3031 level, the short-term bearish trend may persist. Additionally, the derivatives market has concentrated long positions; a rapid decline could trigger chain liquidations. Caution is advised.