#ETH is in a healthy pullback/consolidation phase within an uptrend. In terms of strategy, pay attention to the performance of the 3250-3280 support area. If it holds steady with increased trading volume, it would be a good opportunity for long entries or adding to existing positions. Stop-loss can be set below the 3180-3200 support zone. On the upside, closely watch the breakout of the 3360-3400 resistance area; if it breaks through, the next target can be set at $3500. If the price breaks below $3100 with high volume, the trend needs to be reassessed.
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#ETH is in a healthy pullback/consolidation phase within an uptrend. In terms of strategy, pay attention to the performance of the 3250-3280 support area. If it holds steady with increased trading volume, it would be a good opportunity for long entries or adding to existing positions. Stop-loss can be set below the 3180-3200 support zone. On the upside, closely watch the breakout of the 3360-3400 resistance area; if it breaks through, the next target can be set at $3500. If the price breaks below $3100 with high volume, the trend needs to be reassessed.