Ethereum is currently fluctuating around the 2900 level. How should we operate in the future? Here are two approaches for everyone to consider.
If 2900 can hold, then the resistance levels are one after another—3000, 3020, 3050 are all in sight. At that point, you can gradually build long positions and avoid going all-in at once.
But what if 2900 breaks? The strong support on the monthly chart is around 2880 and 2855, which are key levels to watch. If the price drops to the 2850-2880 range, there’s still a chance to add longs. However, set a stop loss at 2820; if it breaks, you should exit.
The key point is that support on the monthly chart is very dense, so in this strong support zone, don’t chase short positions—only consider long positions. Set good stop losses and follow the market’s rhythm.
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AirdropHunter
· 2h ago
Breaking through the 2900 hurdle is necessary, or else it will just be another period of choppy fluctuations.
3000 is the real test; splitting up and running away won't work.
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SellTheBounce
· 14h ago
Here we go again with this set... 2900 repeatedly pulled up and down, sounding nice but actually just directionless.
This is how I see it: don't believe in the whole phased deployment strategy. Sell on rebounds—that's the only way to survive. Breaking 2900 is the normal rhythm; there are always lower points waiting for you. The stop-loss set at 2820 was quite clever; at least it knows how to survive and come out.
History has shown us that those who buy at high levels end up regretting it. Be patient and wait; the market bottom will appear on its own.
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LightningClicker
· 14h ago
Breaking through 2900 is really frustrating. The monthly support levels are stacked like zongzi (sticky rice dumplings). You need patience.
Gradual deployment is the way to go. Don't go all-in like a gambling addict; you'll end up losing badly.
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MidnightTrader
· 14h ago
Gradual deployment is the way to go; going all-in at once is playing with fire.
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2900 is a critical level that keeps pulling back repeatedly, it feels like the main force is testing the waters.
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The monthly support is so dense; there's still a high probability it won't break. We still need to be bullish.
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I agree with the stop-loss at 2820; at least I wasn't cut too badly.
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Breaking 2900 signals a bottom; don't be greedy. There's a chance for this wave.
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Entering in batches is indeed safer, but I'm still a bit hesitant if it drops to 2850.
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The key is whether the monthly chart can hold; if it does, it's a sure win.
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DaoTherapy
· 14h ago
2900 is really a tough hurdle, repeatedly pulling back makes people emotionally exhausted, but deploying in batches is indeed more reliable than going all-in.
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I agree with the point that the monthly support is dense; 2820 is the bottom line. If it breaks, we’ll have to admit defeat and exit.
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Basically, both bulls and bears need to leave an escape route; don’t be too greedy.
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Holding steady at 2900 and pushing upward still has a chance. If it breaks, don’t panic; there are several support levels below.
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The statement "don’t chase the bears" is good; it’s about waiting for the right opportunity, don’t rush.
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Deploying in batches is the proper way; going all-in at once is a gambler’s mindset, and you can’t handle this kind of volatility.
Ethereum is currently fluctuating around the 2900 level. How should we operate in the future? Here are two approaches for everyone to consider.
If 2900 can hold, then the resistance levels are one after another—3000, 3020, 3050 are all in sight. At that point, you can gradually build long positions and avoid going all-in at once.
But what if 2900 breaks? The strong support on the monthly chart is around 2880 and 2855, which are key levels to watch. If the price drops to the 2850-2880 range, there’s still a chance to add longs. However, set a stop loss at 2820; if it breaks, you should exit.
The key point is that support on the monthly chart is very dense, so in this strong support zone, don’t chase short positions—only consider long positions. Set good stop losses and follow the market’s rhythm.