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
Ethereum's recent market movements are quite interesting. The price has been stuck around 3250, refusing to go down, but also lacking the courage to break through the 3300 barrier. Bulls and bears are tugging back and forth in this range, and no one can predict what will happen next.
Trading volume has noticeably shrunk compared to yesterday, indicating that major players in the market are observing each other's actions and no one wants to act rashly. This deadlock usually doesn't last long—either a breakout upward or a pullback downward, depending on who has the stronger force.
From an operational perspective, we are at a very critical juncture now. My advice is: if you're bullish, you can try a small position to test the waters, but don't be too greedy; if you're still undecided, just stand aside and watch. Be especially careful: if the price falls below the 3240 support level, you must stop loss immediately and don't expect a rebound.
Overall, how the key levels of 3250 and 3300 are broken or defended will directly determine the subsequent trend. Keep a close eye on their performance in the coming days.