When the price of Ethereum exceeds $2700, it enters a non-liquid price phase characterized by decreased trading volume and increased volatility. This phase typically attracts traders seeking quick profits, but it also carries significant risks. According to Crypto Bully, this often results in sudden liquidation events, causing Ethereum prices to drop by 20-30%, as market makers withdraw liquidity.

The behavior of Ethereum also reflects the cycles of the broader market. Crypto Bully emphasizes the importance of identifying small market cycles, with capital flowing sequentially from Bitcoin to altcoins and then to Ethereum.

Strategic Entry Zone for Ethereum

With Ethereum (ETH) prices approaching $2770, the current trading range presents some interesting opportunities. The large trading volume area between $2400 and $2700 is a key support zone. As long as ETH stays above this range, the likelihood of testing the psychological level of $3000 will increase.

However, a drop below $2400 may indicate structural weakness and could pave the way for lower levels, potentially in the $2200 to $2300 range. For traders, identifying these zones and understanding how Ethereum interacts with them will provide a tactical advantage in navigating a volatile market. #比特币盘整将持续多久？ $ETH