Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
**Market Review and Current Situation**
ETH rebounded from 3328 yesterday midnight and slightly pulled back, stopping at 3294 this morning, then rebounded again. Although the range isn't large, such performance over the weekend is quite acceptable—after all, trading volume is limited.
**Real Trading Record**
Previously, I shorted around 3320 for 30 points, and early morning, I took a short-term long near 3300 for 20 points. In this narrow range, the idea of trading time for space still works quite well.
**Range Framework Analysis**
The current oscillation pattern is quite clear: there is a stagnation in the decline around 3270 below, and stagnation in the rise around 3330 above. To truly break out of this range, we need to wait for a breakout signal tonight or during tomorrow's early trading session. The current recommendation is mainly bullish with some caution on the short side.
**Stage-by-Stage Suggestions**
For friends holding no positions:
- Consider going long around 3280
- Add positions near 3250
- Target area is around 3330-3350
This approach is mainly based on the current range's repeated confirmation, waiting for a breakout above resistance or a breakdown below support to create new opportunities.