Currently, Ethereum (ETH) price is oscillating around the $3290-$3300 range, with bulls and bears in a brief balance before key technical levels.

📈 Current Market Bullish and Bearish Views

There are clear disagreements in the market regarding Ethereum's trend, summarized as follows:

Bullish Viewpoints

· Core basis: Fundamentals continue to strengthen; leverage ratios indicate a potential 10%-25% rebound after a correction; technical analysis shows a bullish structure.
· Potential target prices: If breaking through key resistance, short-term targets are $3400-$3800, possibly even $4100.
· Main risk: Need to break through the $3380-$3400 resistance zone with increased volume; otherwise, it may enter consolidation.

Bearish/Cautious Viewpoints

· Core basis: Capital inflows are weak, large investors are reducing positions; short-term risk of a correction triggered by long liquidation; high leverage in the futures market may amplify volatility.
· Key support levels: $3100-$3200 area; if broken, may test $3050 or $3000.
· Main opportunity: Price correction to support levels could offer better entry points.

🔍 Key Price Levels and Technical Signals

Here are the critical technical levels to help you judge:

· Core resistance zone: $3340-$3400. This is the key area determining whether the upward momentum can be sustained; a breakout requires volume confirmation.
· Immediate support zone: $3250-$3300. The first line of defense for bulls; a breakdown could test stronger support.
· Strong support zone: $3050-$3200. Multiple analyses indicate significant buy orders in this area, serving as an important reference for pullback entries.

Important technical signals:

· 200-day Exponential Moving Average (EMA) (: Currently around $3388, it is a key indicator for long-term trend judgment.
· Market sentiment: On-chain data shows that despite price increases, realized losses still exceed profits, indicating some holders lack confidence. Additionally, open interest in futures remains high, warranting caution against sudden volatility caused by high leverage.

💡 Different Strategy References

You can consider based on your risk preference:

· For aggressive traders: Consider entering with a small position after the price stabilizes above $3300, targeting $3380-$3400, with a stop-loss below $3250. However, success depends on a strong breakout and stabilization above resistance.
· For conservative traders: Waiting for a clear trend is more suitable. If the price volume breaks above $3400, it can be seen as a short-term bullish signal; if the price pulls back to the strong support zone of $3100-$3200 and shows signs of stabilization, it could be a good dip-buying opportunity.
· Risks to watch:

· If the price struggles near $3300 for a prolonged period, it may fall back again.
· Bitcoin price volatility will directly impact Ethereum's trend; close attention is needed.
· The entire market remains in high-level oscillation; before a decisive breakout occurs, the risk of chasing highs or selling lows is high. )