ETH has held the support level at 3050, and the subsequent trading strategy is now much clearer. It is expected to fluctuate repeatedly between 3200 and 3380. By following this rhythm and buying low and selling high, you can profit from the market. But there is a key point—if the 3380 level cannot be broken through and the price cannot establish a solid footing, it is very likely to retrace. Use 3200 as the support level below.

In this kind of rapid rise and fall, the most taboo thing is chasing the top and panicking at the bottom. Whether it’s BTC or ETH, wait for a clear direction to emerge. Before the direction is confirmed, rather than making reckless moves, it’s better to stay calm and observe.