ETH/USDT Daily Level


Current Price: 2,134.53

I. Key Support Levels (Below the Current Price)

First Support: 2,066.19 (Daily trendline support; short-term strong consolidation line)
Second Support: 2,000 integer level (psychological + technical dual support zone)

II. Key Resistance Levels (Above the Current Price)

First Resistance: 2,323.03 (short-term immediate resistance; trendline suppression)
Second Resistance: 2,392.86 (daily key resistance; opens up rebound space after a breakout)
Third Resistance: 2,537.49 / 2,963.90 (Fibonacci 0.75/0.618 resistance levels; medium-term upside target)

III. Trading Strategy (Linked with BTC)
Currently, ETH is in a pullback-and-stabilization phase above the daily uptrend line, but is constrained by the upper trendline, so overall it is more range-bound. It is suitable to try going long with a small position, with position size controlled within 10%-15%, and not to go heavy.

Entry reference: Enter near 2,066 after stabilization, or try and test with a light position around the current price.
Take-profit reference: Look at 2,323 → 2,393 → 2,537 in batches.
Stop-loss reference: If it falls below 2,066, exit unconditionally to prevent the trend from worsening.
Linked prompt: ETH and BTC have a highly correlated price action. You need to monitor BTC dynamics at the same time. If BTC stabilizes, ETH’s rebound space will be larger; otherwise, be alert to a correlated sell-off.
ETH-0.09%
BTC-0.27%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned