Recently, Ethereum's performance has clearly outperformed Bitcoin, showing a leading rally pattern. After consecutive bullish closes, the price has effectively broken through the previous consolidation range, with upward space gradually opening up. This is a positive signal worth paying attention to.
From a short-term perspective, the 3050 to 3080 range has become the first key support level. Whether this support can hold directly determines the subsequent trend pace. If the support holds, a pullback could present a new buying opportunity; if the support is broken, a reassessment of the strategy is necessary.
On the technical side, the price has approached the upper band of the Bollinger Bands, increasing the risk of chasing the high. A wiser approach is to wait for a reasonable pullback before entering, which will offer a better risk-reward ratio.
Specifically, one can look for long entry opportunities in the 3060 to 3090 range, with stop-loss set below 2980. If the trend progresses smoothly, short-term targets can be set at 3220 and 3300.
The overall logic is clear: the leading rally structure is established, and as long as the pullback does not break the key support, the outlook remains bullish. The rising expectations of Fed rate cuts also add some imagination space to the crypto market.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10 Likes
Reward
10
6
Repost
Share
Comment
0/400
OptionWhisperer
· 15h ago
This time ETH really has some potential, feels like it's about to take off.
If I can't hold the 3080, I'll cut my losses and run; I don't want to be trapped again.
Wait for a pullback before chasing; chasing high is just giving money to the big players.
The rate cut expectations are indeed exciting, but don't be fooled.
View OriginalReply0
GameFiCritic
· 15h ago
The upper Bollinger Band chase is indeed easy to fall into traps. This time, the pullback mechanism is well-designed, and the entry zone between 3060-3090 offers an interesting risk-reward ratio.
View OriginalReply0
ChainComedian
· 15h ago
Wait a minute, if 3050 can't hold, it's really the end. It's hard to say whether we can hold on this time.
ETH's recent rally is a bit questionable; it feels like the Federal Reserve's expectations have been overly hyped.
The upper band of the Bollinger Bands is already close; are you still chasing? Are you out of your mind? Pullbacks are the right move.
The 3300 target is a bit optimistic; I might actually eat cereal live if it reaches that.
This wave of market movement always feels like something's missing. Why is Bitcoin still so weak?
View OriginalReply0
RektButAlive
· 15h ago
Really, ETH's recent momentum is super comfortable, feels like it's finally got some leading star vibe
---
If I can't hold onto the 3080, I'll admit defeat. I've been mentally prepared for this
---
Chasing the upper band of the Bollinger Bands? Bro, you're asking for trouble. Or wait for a pullback before acting
---
We can't get enough of the Federal Reserve's juice, don't overthink it
---
Talking about 3220 and 3300 easily, but the key is whether we can avoid turning downward first
View OriginalReply0
Blockblind
· 16h ago
ETH this wave is really fierce, feels like it's going to explode
---
If 3050 can't hold, I'll escape, I don't want to be trapped
---
Bollinger Bands touching the upper band is a signal, it's time to act
---
Rebound to 3060 to enter a long position, should I follow, everyone?
---
The Federal Reserve's recent actions are really effective, crypto trading is hopeful again
---
I'm optimistic about 3300, but chasing high now is a bit timid
---
Are support lines reliable? Last time, 3050 was broken through
---
Waiting for a pullback is the right move, greed has caused many to lose
---
The ETH vs. Bitcoin situation has been obvious for a long time, everyone reacted too slowly
---
Stop-loss at 2980, I set it, let's see how fate will play out
View OriginalReply0
CryptoMotivator
· 16h ago
Same old story, if the 3050 can't break, I'll just liquidate everything directly.
Recently, Ethereum's performance has clearly outperformed Bitcoin, showing a leading rally pattern. After consecutive bullish closes, the price has effectively broken through the previous consolidation range, with upward space gradually opening up. This is a positive signal worth paying attention to.
From a short-term perspective, the 3050 to 3080 range has become the first key support level. Whether this support can hold directly determines the subsequent trend pace. If the support holds, a pullback could present a new buying opportunity; if the support is broken, a reassessment of the strategy is necessary.
On the technical side, the price has approached the upper band of the Bollinger Bands, increasing the risk of chasing the high. A wiser approach is to wait for a reasonable pullback before entering, which will offer a better risk-reward ratio.
Specifically, one can look for long entry opportunities in the 3060 to 3090 range, with stop-loss set below 2980. If the trend progresses smoothly, short-term targets can be set at 3220 and 3300.
The overall logic is clear: the leading rally structure is established, and as long as the pullback does not break the key support, the outlook remains bullish. The rising expectations of Fed rate cuts also add some imagination space to the crypto market.