Recently, the Ethereum market trend has become increasingly complex, and investors need to remain vigilant. The market frequently experiences significant fluctuations, with enticing bullish belt holds as well as panic-inducing falls. Last night, during a wave of Ethereum's market activity, if one does not accurately grasp the market structure and rhythm, it is very likely to misjudge the situation at the bottom and engage in shorting.



In fact, the real pressure point of the market is not the commonly recognized 3721. According to the analysis, the following key positions are worth paying special attention to:

1. 3690: On the surface it seems calm, but it is actually the most risky key level.
2. 3735: This is a common baiting position and also a common raid point used by major funds.
3. 3770: If this level cannot be突破, the shorting forces may just be beginning to gain strength.

However, these positions cannot simply be shorted just by touching them. There are both genuine and false breakouts in the market, and it requires a comprehensive assessment of multiple factors to make a judgment, which often necessitates rich trading experience; solely relying on technical indicators is not sufficient.

If today's market falls below 3645, the following support levels are worth paying attention to:

- 3600
- 3550
- 3495

However, it is important to note that this does not mean one can blindly bottom fish. Real opportunities often require patience to wait, carefully observe market reactions, and adjust trading pace in a timely manner.

In the rapidly changing cryptocurrency market, those who can truly reap substantial returns are not just traders who rely solely on technical analysis, but investors who understand the importance of patiently waiting and flexibly adjusting their strategies. The market is always full of opportunities; the key lies in how to seize them.
ETH5.21%
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FUD_Vaccinatedvip
· 08-06 03:13
With this market for BTC, what support level is there to study?
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OnChainSleuthvip
· 08-05 06:49
The market is truly a heart-pounding experience!
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RetiredMinervip
· 08-05 06:47
Remember the painful lesson of blindly chasing the price and losing.
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SatoshiSherpavip
· 08-05 06:46
Analysis of the points where the scalp feels numb... It's hard to make money.
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