Friends in the cryptocurrency community, make sure to keep a close eye today, ETH is at a critical 'crossroads', Trump's signing action may very well determine its direction, stay tuned for analysis!

ETH: at a critical position, waiting for the news to 'unblock'.

On the technical side, ETH is like an object pressed on a spring, with pressure above and support below, just waiting for Trump's news to 'unblock'.

Currently, ETH is hovering around the key level of $3890, this position sometimes provides support, sometimes exerts pressure. An hour ago, the K-line barely closed in the green, with only a 0.37% fluctuation, the market is hesitant, and participants are reluctant to enter massively.

On the pressure level side, the first barrier is around $3935, where the yellow pressure line and the upper Bollinger Band block; $3950 - $3953 is the 'big boss barrier', being the upper boundary of the Bollinger Band and the dividing line between long and short positions; breaking through this is considered opening the door to a price increase.

On the support level, $3890 is a temporary 'floor', breaking below needs to be cautious; around $3860 is stronger support; $3796 is the 'last line of defense', if it reaches here, panic may arise. The Bollinger Band is narrowing, price compression is about to choose a direction, with the BOLL line around $3836, neutral to slightly bearish.

Trump news: nuclear-level positive, the market is watching.

The news front is the main event. There are rumors that Trump is preparing to sign a document allowing U.S. pensions (401k) to legally enter the cryptocurrency space. This could be a massive influx of funds, and if realized, it will bring in a huge amount of new capital and new investors, which is a long-term super positive.

But currently, it’s only a 'preparation to sign', not an actual signature, and the market is somewhat skeptical. Logically, this news should cause ETH to rise sharply, but it is currently fluctuating slightly, as everyone is waiting for concrete evidence.

Today's ETH trend prediction.

News confirmation.

If Trump really signs, buying pressure will surge, and ETH will easily break through $3935, targeting $3950 or even higher. The strategy is to act boldly if the signing news comes out, and the price breaks through $3935 with volume, and stabilizes above $3950, targeting short-term above $4000, with stop losses set below $3930 or $3880.

News falls through/ambiguous.

If the news falls through or is unclear, speculators will sell, and ETH may break through support. If the price falls below $3890 with high volume, it may test $3860; further breaking below $3860 indicates short-term weakness, possibly heading towards $3800 or even $3796. Short positions can be taken, but be quick in and out, watch for rebounds near $3796, and take profits in time.

Before the news, a stagnant market.

Before the news, ETH may fluctuate narrowly between $3890 and $3935. The strategy is to sell high and buy low, with light long positions near the lower bound around $3900, taking profits or going short near the upper bound around $3930, while maintaining stop losses. The stop loss for the long position is $3885, and for the short position is $3940, don't be greedy.

Friends, keep a close eye on the news; Trump's signing is key. Don’t rush to go long; wait for the real signature and confirmation, and for the price to break through and stabilize at key pressure levels before taking action. Be flexible with shorts; if the news is unfavorable and the price breaks below key levels with volume, go short quickly, and don’t get attached near $3796. During fluctuations, play with small positions on super short trades, strictly manage stop losses and take profits; if you're not good at it, don't participate. Whether going long or short, set stop losses when placing orders, this is your protective charm.

Today's news resonates with the technical aspect, ETH is under pressure waiting to be released; if confirmed, the market may explode, but if falsified or unclear, it may fall towards support. Keep a close eye on the news and key price levels, manage your funds well, and prepare for this market storm together!

Don't wait until the contract is liquidated to think of me! Follow Trump, and next time I'll help you escape the peak 3 seconds early!