At the beginning of 2026, Ethereum made a "big move" in the market—ETH price suddenly broke through $3000. It sounds exciting, but paying close attention to the charts reveals the problem: it surged up then turned around and was hammered back down. What does this repeated tug-of-war indicate? It's simple: the $3000 level is becoming a battleground between bulls and bears, and both sides are staking their claim here.

Currently, Ethereum is oscillating around 2970, like a spring being pulled back and forth by two forces. The overhead pressure is obvious—the range between 3000 and 3030 is a cluster of sell orders, while the support below is solid—around 2890 to 2900. The next move will likely revolve around these two key levels.

Let's consider the first possibility: if ETH can gain volume and firmly hold above 3000, then break through the previous high at 3060, a new upward space will open. Those looking to bottom fish can consider entering after confirming the price stabilizes above 3000. But remember an old saying—risk control cannot be lax, and stop-loss must be placed below key support levels. This is no small matter.

Now, the second scenario: what if multiple attempts to break above 3000 fail? The price is likely to retreat and test the support zone around 2890. This level is critical—it’s the last line of defense for the bulls and could also be the "entry point" we’re waiting for. If signs of stabilization appear here, it might be a safer entry. Similarly, set your stop-loss firmly below 2870.

Currently, market sentiment is unstable, with volatility like a roller coaster. Our strategy must adapt accordingly—near these key levels, it’s best to observe more and operate less, waiting for the market to give clear signals. Once a definite breakout or breakdown occurs, act decisively. Remember, until the trend is fully clear, small positions and quick in-and-out trades are the way to go. Protecting your capital is always more important than how much you can make.