#美国ADP就业数据优于预期 $ETH I think this position has observation value.

Yesterday's sharp sell-off was indeed intense, but if you look closely at the weekly and daily charts, you'll see that this range has already shown signs of stabilization. From a technical perspective, the risk-reward ratio of going long at the current position is actually quite favorable.

It's true that mainstream coins have recently underperformed, oscillating back and forth and shaking out many investors. However, there's an interesting detail: on-chain monitoring shows that large addresses have been quietly accumulating ETH chips during this period. Such chip flows often reflect true intentions more than price fluctuations—when funds are being deployed, market sentiment is usually still in panic.

Currently, we need to keep an eye on the 3400 support zone. Additionally, around 5 am tonight, there is a high probability that the US government shutdown will have a clear outcome, which could bring about emotional shifts in the market. If the support holds, there is still room for future upside.

I will continue to monitor the performance at this level. But overall, market judgments are always subject to bias, so managing position sizes is more important than anything else.