ETH is currently at 3610, how do I view this?
Recently, too many people have asked me: "Can we still chase Ethereum?"
I can only say: this position is not the time for reckless chasing or stubborn holding, but rather a time to think.
ETH has risen nearly 400 dollars since starting at 3200, and it is currently clearly consolidating with increased volume around 3610. In the short term, both bulls and bears are competing. There are two key resistance levels above at 3650 and 3720, and support below at 3500 and 3420.
Many people are blindly bullish right now, and chasing will only lead to being trapped. In fact, we are currently in a typical phase of enticing bullish fluctuations.
Long positions were already established in the 3300–3400 range; now is not the entry point, but rather a stage of "position control + gradual profit-taking."
If beginners are only considering entering now, it’s better to observe more and act less. Don’t impulsively go all in; when the market really pulls back, you won’t even have time to react.
A retest of the support level below is the opportunity for buy-in; do not chase highs, which is our first rule for survival.
To put it simply: it’s about making money in rhythm, not out of excitement.
You don’t lack luck; what you lack is a method.
My trading consistently relies on three key elements: accurate direction, steady rhythm, and appropriate position sizing.
Can ETH continue to rise this round? I won’t just say it; I’ll let "positions and profits" do the talking.
Can’t understand the market?
Chasing highs and getting trapped?
Always buying when it drops and selling when it rises?
Then come to Z me! I’ll teach you how to steadily profit from this market wave, rather than being cannon fodder every day.