This wave of Ethereum faced resistance around 2834, clearly blocked, and the pullback just touched 2761. Currently, it is consolidating here. A typical pullback confirmation trend, without breaking levels, and the sentiment hasn’t collapsed.
Below, 2710 is the stop-loss level; breaking below here would damage the short-term structure. Above, 2850 is the resistance level; if it stabilizes above, the target directly looks to 2900, and it’s even possible to test the dense area of short positions above 2900.
Personally, I still lean towards a bullish view, after all, this wave is a technical pullback after a strong upward surge, and the rhythm is healthy.
The current key is to hold the range of 2750-2710; if it doesn’t break, continue to hold. If it breaks, stop-loss and exit, then look for a new position.
Continue to wait; if the rhythm is right, profit is just a matter of time.
