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Ethereum Today Strategy Sharing:
The current market remains within a daily chart-level oscillating upward channel, with relatively weak momentum.
At the 4-hour and 1-hour levels, there are clear horizontal trading ranges with distinct support and resistance levels. Resistance is at 3170-3185, and support is at 3050-3070.
Entry Strategy:
Short positions: Observe for short entries above 3165, with a stop loss at 3189. First target at 3120, second target at 3080.
Long positions: Enter near the lower band at 3065, with a stop loss at 3041. First target at 3095, second target at 3120, third target at 3150.
If the market breaks upward, observe for short entries in the 3260-3280 area as the second line of defense, with a stop loss at 3310. First target at 3220, second target at 3185.
If the market breaks downward, focus on entering long positions around 3000-3020, with a stop loss at 2980. First target at 3050, second target at 3080.
The market is in a large-cycle oscillation; all positions are not recommended for pattern trading. Entry should mainly be based on live streams and real trading, manage your positions well, and use this for reference only!