#以太坊行情技术解读 Evening Trend Review: The Short-term Drop in Ethereum and the Logic Behind the Shakeout

As of the time of writing, ETH is fluctuating around 3188, with the intraday decline already reaching 4%. After surging to a high of 3446, a "cliff-like" fall occurred, instantly erasing half of the gains. Behind this market movement, the main drivers are the concentrated profit-taking from short-term holders and the tightening liquidity during the US market hours. We are now entering a phase of sharp decline combined with technical adjustments. Although the mid-term upward trend line has not been effectively broken, the short-term bullish momentum has clearly weakened, and trading should be more cautious.

Trading Strategy Summary (for reference only):

📍 Long Position Perspective (Gradual Entry Near Support Levels)
• Entry Range: 3110-3130 – This is a clear strong support zone, ideal for entering when a volume-contracted stabilization K-line appears
• Target Settings: First target at 3220 (first resistance during short-term rebound), second at 3250 (midline position), third at 3280 (previous consolidation platform)
• Risk Management: 3080 is a red line; a break below indicates support has completely failed, and stop-loss must be executed decisively

📍 Short Position Perspective (Positioning at Rebound Resistance)
• Entry Range: 3245-3265 – Wait for a rebound to the midline or prior resistance, then enter when a clear resistance K-line appears
• Target Settings: First target at 3180 (current consolidation center), second at 3140 (support near the lower boundary turning into resistance)
• Risk Management: A break above 3290 indicates a short-term rebound has started, and quick exit is advised

Key Points Going Forward:

This round of Ethereum correction is fundamentally driven by sentiment and liquidity factors, serving as a technical adjustment rather than a trend reversal, so excessive bearishness is unnecessary. The 3150-3100 zone is critical—if it is not effectively broken downward, the correction still remains within the bullish retracement. Short-term market fluctuations are expected to oscillate between 3150 and 3250, building a foundation for the next move. The market needs time to re-accumulate bullish and bearish momentum.

The core principle is: hold the 3150 line, and when a rebound signal appears, gradually add long positions; if it breaks, be prepared for a secondary bottom, and consider short positions accordingly. Regardless of the strategy, position management must be strict, avoiding greed.

After this rapid decline, Ethereum has entered a recovery phase. Currently, it is neither suitable for panic selling nor for blindly bottom-fishing. The smartest approach is to patiently wait for the range to clarify its direction, and operate according to technical signals and key support and resistance levels. Only then can you maintain an active position in the shakeout market.