#ETH 2025 May 29, Ethereum (ETH

### **Key Support and Resistance Levels**
- **Support Level**：
- **Short-term support**: $2580-2600 (4-hour EMA20 support & yesterday's breakout point)
- **Strong Support**: $2480-2500 (On-chain large buy order accumulation zone & Bollinger Band middle line)
- **Psychological Support**: $2420 (If broken, may accelerate the pullback)

- **Resistance Level**：
- **Short-term resistance**: $2745-2800 (previous high resistance & CME futures gap)
- **Key Breakthrough Level**: 2850-2900 USD (Weekly Previous High & Bearish Stop Loss Dense Area)
- **Higher Target**: $3000 (Psychological barrier & Long-term downtrend line resistance)

### **Trading Strategy Suggestions**
1. **Short-term bullish opportunity** (cautious):
- **Entry Point**: 2580-2600 USD (pullback support zone, need to confirm stabilization)
- **Stop Loss**: $2550 (to prevent false breakout)
- **Target**: 2700-2745 USD (First take profit range)

2. **Short-term bearish opportunity** (if it encounters resistance and falls back):
- **Entry Point**: $2745-2800 (testing previous high resistance)
- **Stop Loss**: $2820 (stop loss if broken)
- **Target**: $2650-$2600 (retracement target)

3. **Breakthrough Strategy**:
- **If it breaks out with volume above 2800 USD**, chase long to 2850-3000 USD, stop loss at 2750.
- **If it falls below $2580**, it may test the strong support zone of $2500-2480.

It is recommended to operate with a light position, strictly set stop losses, and avoid chasing highs and selling lows. Real-time market conditions may fluctuate due to sudden news.