Currently, ETH is hovering around $2,940, and the most intuitive feeling is weakness. After breaking below the psychological and integer level of $3,000 a few days ago, market sentiment has clearly shifted to "extreme panic." Currently, the bulls are a bit discouraged, while the bears are testing the support levels below.



Key Levels Resistance: $3,050 - $3,080
This was previously a support turned resistance (S/R Flip).

As long as it cannot recover above $3,050, all rebounds can only be seen as a "dead cat bounce." $ETH Support below: $2,880 - $2,900
This is the current lifeline. If $2,880 is effectively broken, the next strong support levels to watch are $2,750 and even lower, around $2,600.

#加密市场观察 Strategy: Left side buy the rebound.
Operation: Place buy orders around $2,880 - $2,900, with a strict stop loss at $2,850. Exit if broken. Target to take profit around $3,000 on the rebound and then exit to secure gains.
Strategy: Right side wait for confirmation.
Operation: Hold a flat position and observe. Entering now either means buying in the middle of the move or being worn down by oscillations. Only when ETH breaks out with volume and stabilizes above $3,050 is it a safe entry signal.
ETH-2,3%
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