Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
#以太坊大户持仓变化 Macroeconomic shocks are approaching, and Ethereum is entering a critical period. From the daily chart, the market is clearly in a consolidation phase, with all parties awaiting the announcement of major events. In the short term, cautious observation has become the market consensus.
The key support level to watch on the technical side is locked in the 3200-3160 range. This not only represents the lower boundary of recent fluctuations but also signifies the defensive bottom line for the bulls. If Ethereum can find support and stabilize in this area, taking a modest small position long could offer a good risk-reward ratio.
The four-hour chart is currently approaching the critical zone of 3210-3160. Focus on the following signals: when the RSI is severely oversold and begins to flatten, or when a bullish engulfing pattern appears on the candlesticks, it indicates a rebound opportunity supported by the support level. If confirmed, the upward target could be above 3300.
However, caution is especially important at this stage. Although the volatility before the event may not be large, market sentiment can easily become heightened, and traps like chasing highs and selling lows are everywhere. The correct approach is to: lock in the support zone + wait for dual confirmation from technical signals, using a light position + stop-loss strategy to seize definite opportunities amid high uncertainty.
What do you think? Will Ethereum continue to break down or reverse and rally after the verdict is announced?