#美联储回购协议计划 $ETH Evening Market Analysis:

Looking at the chart data: on the hourly level, Ethereum has been steadily moving along the median line of the trumpet pattern, with volatility even more stable than an ECG, almost no oscillations.
The key resistance level above is 2937. Only by breaking above this level can there be a chance to continue challenging the upper boundary of around 3000. If it cannot break this level, further gains are unlikely. Looking downward, 2917 is the current neckline. Once broken, it will test the support at 2886—also the lower boundary of the trumpet. Notably, the support at 2886 has been validated three times. Why are these key support levels like Bitcoin and altcoins so solid? When it’s rising, it doesn’t seem eager to go up; when it’s falling, it doesn’t seem eager to go down. What does it really want to do? If 2886 is broken, it will continue downward to 2839. To summarize: an upward move requires breaking through 2937 to have room for gains; a downward move requires breaking below 2886 to continue the downtrend.

Trading Strategy:
If Bitcoin breaks through 2938 with volume on the right side, consider chasing long positions. If it breaks below 2917 with volume on the right side, be cautious of a shorting risk. The key is to monitor changes in trading volume and remember to set proper stop-losses.
From the hourly chart, after Ethereum stabilizes above 2937, the target range can be 2975-2993. If it cannot break above 2937, it won’t be able to rise.
The four-hour condition is that if it breaks below 2907, look at the support levels at 2860-2785. If it doesn’t break below, it remains oscillating around this level.

Daily Chart Risk Reminder:
The daily chart looks a bit uncomfortable. The previously formed Morning Star pattern has been more than half swallowed, and it’s close to losing momentum. If the daily chart breaks below 2892 again, the Bitcoin daily level may deteriorate further. Originally, during the rebound, it failed to create a new high or stay above 3090. Now, with the pullback, the Morning Star pattern has been reversed, forming a new daily low. The only option now is to continue looking for support below.