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Market Summary: Sideways consolidation with a slight downward bias. Current consolidation range: 2900 to 2970. Narrower consolidation range: 2910 to 2953.
Resistance levels: 3018, 3318
Support levels: 2820, 2729
Trading Strategy: Focus on low-end entries. Currently, the price is not suitable for trading. Wait for Ethereum to decline to around 2800 for the second wave, or establish a long position after multiple tests without breaking 2900.
Adding to positions: If entering a long position at 2900, add double at around 2820. After a rebound to the average entry price, quickly reduce positions. If the rebound is not profitable, add again at double at 2729.