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The most challenging part of a choppy market is not predicting the direction, but having the patience to wait for the market to provide the answer.
Yesterday, ETH still maintained range-bound trading, with neither bulls nor bears forming a clear breakout. The news front remains full of uncertainty, with the US-Iran situation escalating repeatedly on one side, and the market waiting for the release of the Federal Reserve meeting minutes on the other. Before the direction becomes truly clear, capital is mostly in a wait-and-see mode.
From the chart, ETH is still in a phase of consolidation, with 1757 as the most critical resistance level in the short term and 1684 as the key support area. As long as this range is not broken, the market is likely to continue oscillating.
Today, my live trading will focus on two key levels:
If the price breaks and holds above 1757 with volume, I will reassess the bullish opportunity; if it falls below 1684, it indicates that bears may regain the upper hand, and my trading approach will adjust accordingly.
For short-term trading, if the price rebounds to around 1757 and shows signs of weakening, I will closely watch for short-term short opportunities, with support levels at 1722 and 1684 below.
In my live trading, I pay more attention to the signals given by the chart rather than predicting the market in advance. Trading is not about who can predict more accurately, but about who can execute according to their own trading system. If opportunities that fit the strategy arise during the session, I will update my live trading thoughts and execution logic accordingly. Welcome to discuss the market together.