📊 ETH/USDT — Fibonacci retracement analysis

Data source: Gate.io | Period: 90 days | Current price: $1,923.77

📌 Key levels overview

Level Price Distance from current Character
0% $2,423.99 +26.0% 90-day high
23.6% $2,207.17 +14.7% Resistance above
38.2% $2,073.04 +7.8% Strong resistance level
50% $1,964.62 +2.1% Mid-axis / near current
Current price $1,923.77 — ⚡ In progress
61.8% $1,856.21 -3.5% Golden support
78.6% $1,701.87 -11.5% Support below
100% $1,505.26 -21.8% 90-day low
📈 Market snapshot for today

24h high/low: $1,931.12 / $1,843.34
24h change: +2.76%
24h volume: 2.7 hundred million USDT
⚡ Trading suggestions

Short-term (1-3 days):

At current price $1,923, it is below the 50% retracement level ($1,964), and the short-term rebound is relatively weak
If it breaks $1,964 (50%) → target $2,073 (38.2%)
If it pulls back to $1,856 (61.8%) and stabilizes → can be seen as the buy zone
Stop-loss reference: a drop below $1,843 (24h low) → exit
Medium- to long-term (1-4 weeks):

The 90-day wide range is $1,505~$2,424, and the current price is in the mid-to-lower segment
$1,856 (61.8% golden level) is the mid-term watershed between bulls and bears
If it holds above $1,964 → rebound trend confirmed, targets $2,073→$2,207
If it breaks below $1,856 → look for $1,702~$1,505
⚠ Risk warning

24h change +2.76% but it still remains within the 90-day downtrend channel; the rebound nature needs confirmation
Volume is 2.7 hundred million, volume strength is average; a breakout needs increased volume to cooperate
The above is for technical analysis reference only and does not constitute investment advice