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#加密货币市场动态 Let's continue discussing the trend of $ETH . To be honest, the market for Ethereum is much harder to decipher than Bitcoin.
Right now, 2760 has become a hard nail on the road to rebound. Can we stand back up again? This directly determines whether the next few days will continue to grind or directly collapse.
The more dangerous level is the 2680 defense line. Once it is breached, the next target will likely be 2610.
According to common sense, it should have rebounded by now after a drop like this, but it just doesn't follow the script. What’s most worrying is this kind of situation—there’s no substantial negative news, it’s just a hard sell-off. At this point, no one knows where the bottom is.
A few words about the operational aspects:
If it breaks 2710 with volume, consider adding to your position on the right side, but remember to use a light position and set a stop loss. If it drops below 2680? Act decisively and short without hesitation.
The hourly chart needs to hold above 2750 to have a chance at seeing above 2800; if it can't even reach 2750, don't fantasize about a reversal.
The 4-hour chart is more critical—if it breaks 2676, it will head straight for the 2600-2560 range, with a new low just around the corner.
There is also a time window: if the closing price cannot reach 2790 in the next three days, it can basically be determined that this wave of upward trend has come to an end. Remember? It was precisely because it broke through 2790 that the previous one-sided market was initiated. If it cannot recover now, the retracement space may be close to a thousand points.
Ultimately, in this market, apart from BTC being relatively stable, it's really hard to say about the others. Ethereum is known as the king of altcoins, its size is large, but when it fluctuates, it's similar to those small coins.
In short, be careful tonight; the principal is more important than the profit.