Today, Ethereum's price continues to fluctuate weakly, with the price around $2947 at the time of writing. The overall market performance is mixed, with mainstream assets like Bitcoin and XRP rising slightly by about 1%, while Ethereum remains under pressure, becoming one of the few coins that failed to close higher. Technical analysis indicates that the current market is at a critical decision point. Ethereum's price is striving to defend the key support zone of $2900-$2920. This area is crucial because it forms a potential neckline of a "head and shoulders" bearish pattern. If the price effectively breaks below $2905, this pattern could be confirmed, opening the way down to $2630. Resistance above is clearly around $3300, and only a breakout above this level can reverse the current downtrend.

Yesterday's non-farm payroll hint was a masterstroke! I analyzed yesterday afternoon why the market was bound to fall. After the data was released in the evening and the market dropped by a thousand points, I quickly indicated that a rebound was coming. Everyone should take profits. The trend once again reversed as I predicted, bouncing back by a thousand points. Both of these signals were perfectly fulfilled! Whether the market is volatile or turbulent, my strategy is always one step ahead! From the head to the tail of the fish is not a problem! $BTC $XRP $ETH #非农数据超预期 #市场触底了吗？ #美联储降息预测 #ETH走势分析 #FHE代币剧烈波动