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Today, the Ethereum (ETH) market is showing a fluctuating trend, with the current trading price maintained around 3,774.17 USDT. Over the past 24 hours, the ETH price has fluctuated between 3,709.39 and 3,811.00 USDT. It is worth noting that the selling pressure from large holders has recently eased, which may indicate that the market will continue to remain relatively stable in the short term.
Looking ahead to the weekend market, investors may consider adopting a range-bound or slightly bullish trading strategy. When executing specific operations, attention can be paid to the following key price levels:
Resistance level above:
1. 3,810 USDT: Highest point in 24 hours
2. 3,850 USDT: Active trading area in the short term
3. 3,900 USDT: Breaking this level may trigger a significant upward Fluctuation.
Support level below:
1. 3,710 USDT: Lowest point in the last 24 hours
2. 3,680 USDT: medium-term moving average support level
3. 3,650 USDT: Recent Fluctuation Bottom
Investors are advised to consider cautiously shorting when the price approaches the aforementioned resistance level, while attempting small-scale longs when the price falls near the support level. However, given the high volatility of the cryptocurrency market, investors should operate cautiously and strictly control risks.
In addition, closely monitoring the macroeconomic situation, changes in regulatory policies, and the development of the Ethereum ecosystem can all significantly impact ETH prices. Before making any investment decisions, it is advisable for investors to conduct thorough research and analysis.