$ETH Based on current market data and technical analysis, the price trend of Ethereum (ETH) tonight is predicted as follows:

Current Market Overview

Price range: The current price is around $3,490, with a short-term range of $3,450-3,550.

Trading volume: The recent increase in trading volume indicates that market activity has increased, but the forces between bulls and bears may be tending to be balanced.

Market sentiment: The overall market sentiment is neutral to optimistic, and attention should be paid to breaking through or below key technical levels.

Trend forecast (short term, applicable to tonight)

1. Possibility of rising prices (50% probability)

If ETH breaks out of the $3,500 resistance, it is likely to attract more buying and push the price to $3,550 or above.

Key signal:

Increased trading volume.

Breakthrough important resistance level ($3,500).

Bitcoin rises synchronously, boosting the entire cryptocurrency market.

2. Sideways consolidation (probability 30%)

If the market lacks new driving factors, ETH may maintain a sideways oscillation in the range of $3,450-$3,500.

Key signal:

Decreased trading volume.

Technical indicators (e.g., RSI) are close to 50, indicating a balance of buying and selling power.

Market news is relatively calm, with no obvious driving factors.

3. Downward possibility (probability 20%)

If ETH breaks below the support level of $3,450, bearish momentum may accelerate, and the price could drop to $3,400 or lower.

Key signal:

Trading volume increases but is mainly driven by selling.

Macroeconomic news is bearish (e.g., unexpectedly strong U.S. economic data raises interest rate expectations).

Bitcoin's decline drags down the market.

Suggested Strategy

1. Wait-and-see strategy: If the price oscillates in the range of $3,450-$3,500, wait for a breakout direction to decide on operations.

2. Bullish strategy:

Attempt to go long when breaking $3,500, target price $3,550-$3,600, with a stop loss set at $3,470.

3. Bearish strategy:

Attempt to go short when falling below $3,450, target price $3,400, with a stop loss set at $3,470.

Risk warning

The market may experience sharp fluctuations due to sudden news (e.g., regulatory policies or whale selling), requiring close monitoring of real-time dynamics. Additionally, the evening U.S. stock market or economic data releases may indirectly affect cryptocurrency trends.

If you need real-time tracking of trends or more detailed trading plans, feel free to let me know!#$