Ethereum is locked in the range of 2220-2400, with high sales and low purchases precisely for harvesting

Currently, Ethereum $ETH repeatedly fluctuates within the range of 2220-2400 USD, a battle between bullish and bearish tends to be balanced, with no clear breakout signals, high selling and low buying are the most suitable trading strategies at the moment.
From market movements, Ethereum has recently repeatedly tested the upper and lower bounds of the range, 2220 USD is the main support level on the daily timeframe, each time it returns to this level it can quickly stabilize and rebound, becoming the main line of defense for the bulls; while 2400 USD is a strong resistance level, each rebound touching this range will face selling pressure and fall back, the bearish pressure strength is clearly visible.
Operational strategies:
Buy low and hold long: When the price returns to the range of 2220-2240 USD, indicating a stable signal and rejecting further decline, gradually buy. Place a stop loss below 2200 USD to avoid false break risks, take profit target at 2350-2380 USD, gradually reduce positions approaching the upper limit to lock in profits.
Sell high and short sell: When the price rebounds to the range of 2380-2400 USD, encounters resistance and falls back, the upward momentum weakens, take a sell position according to the flow. Place a stop loss above 2420 USD to prevent a strong break, take profit target at 2250-2280 USD, and close positions when reaching support to secure profits.
Success in a fluctuating market is not about betting on one direction, but about maintaining range boundaries and discipline in trading. Don’t get caught up in short-term fluctuations, don’t buy during price increases, and don’t buy during price decreases, operate strictly around the main range of 2220-2400 USD, approaching support for low buy, approaching resistance for high sell, is a sure harvest opportunity.
The market never lacks opportunities; what’s lacking is a stable mindset and decisive execution. Currently, Ethereum’s pattern is clear, follow the range rhythm, turn fluctuations into stable profits!