Ethereum has again followed a similar rhythm to yesterday:
First it dipped to around 4060, then pulled back to hover around 4170.
What does this indicate?
The main force is still in a volatile consolidation, and the short-term bulls and bears are still in a contest.
Support level: The 4060—4080 range is the current defensive point for the bulls; falling below this may test the major level of 4000.
Resistance level: The 4200—4230 range is the short-term resistance area; a breakthrough is needed to look up towards 4300.
Pattern: Overall, it is still oscillating within an upward channel, and the current 4170 is just a phase of energy accumulation.
1️⃣ Short-term strategy
If 4150—4170 stabilizes, a light position long can be tried with a target of 4200—4230;
Once it falls below 4060, stop loss and exit, waiting to re-enter at 4000—4020.
2️⃣ Medium-term strategy
The three levels of 4000, 3850, and 3700 are suitable for staggered accumulation;
The target remains in the 4500—4800 range, hold patiently.
3️⃣ Position management
Short-term 30% position, keep some bullets for a pullback;
For medium to long-term, accumulate in batches, do not go all-in;
Stop loss point: below 4060.
ETH hovering around 4170 is a stage of energy accumulation for the main force; holding 4060 still favors the bulls, and breaking 4230 would open up a new round of upward space.
