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Ethereum's technical structure remains bearish, with the daily MACD continuously shrinking in volume, indicating insufficient momentum for a rebound; the 4-hour moving averages are flattening, and the overall market is in a weak corrective phase, suggesting limited intraday volatility. Immediate resistance levels to watch are 3160 and 3200, while key support areas include the 3050 zone and the psychological 3000 level. The critical focus will be on whether the market can break the current consolidation during the U.S. evening session. Overall, the market currently lacks a clear driving force, and the range-bound pattern is unlikely to change in the short term. Today, two major events deserve close attention: the U.S. CPI data will influence inflation expectations and the Federal Reserve's policy trajectory, while speeches from Fed officials may provide new policy signals—both could serve as key catalysts to break the current consolidation. Ethereum reference: Go long on a pullback to around 3116, target 3176, stop loss at 30 points below $ETH
$ETH 12.23 ETH weekly level market 3-day level bullish crossover 2-day line 1-day line effective level at the bottom Risk attention to 6 8 12-hour level pullback strength and depth 3-hour level bearish crossover 2-hour level downward hidden formation 30-minute bullish crossover 15-minute bottoming Special attention to time from 22nd to 28th Upper resistance 3028 3058 3094 3132 Lower support 2978 2958 2912 2885 ETH long-short ratio: 1.98 Fear index: 29 Do not take action without seeing a pattern, do not open positions without stop-loss (The above content is for reference only and does not constitute any investment advice)