Looking at the 4H level of Ethereum, the impact of the market closure has been mostly digested, and the subsequent trend is still evolving within a range. The most critical point now is whether the support level below can hold — once broken, the downward pattern will be further confirmed. However, at this stage, I don't have any intention to short. As long as the support area remains stable, the subsequent trading strategy is still leaning towards buying on dips, mainly looking for rebound opportunities. In the short term, focus on the performance of the first resistance zone above; if it can break through, then shift your focus to the second horizontal line resistance.

ETH0.55%
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NewDAOdreamervip
· 21h ago
Don't make reckless moves before the support level is broken; just wait for a rebound opportunity.
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GasFeeCriervip
· 21h ago
If I can't hold the support, I'll just go eat noodles. Anyway, I can't understand this wave either.
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HashBanditvip
· 21h ago
ngl, support holding is literally everything rn... back in my mining days we'd call this the "don't panic sell" moment lol. gas fees probably spiking during this chop too, which is why L2s matter fr fr. if it breaks down tho... yeah that's when the real pain starts happening
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LightningLadyvip
· 21h ago
If the support level isn't broken, continue to buy on dips; a rebound is an opportunity.
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ShibaMillionairen'tvip
· 21h ago
Don't panic if the support hasn't broken; the rebound opportunity is the key. This wave is a bullish outlook.
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