On April 28, 2025, Ethereum (ETH) is gradually rising in the market, with a support level at $1770 (EMA30) and a resistance level moving up to $1870. The Bollinger Bands indicate an upper band pressure of $1825 and a lower band support of $1760. From April 28 to May 2, the U.S. non-farm payroll data will be released. If the economic data exceeds expectations, it may trigger expectations of interest rate hikes by The Federal Reserve (FED), putting pressure on risk assets.

Operational Strategy
1. Long position entry: If the price retraces to the $1760-$1740 range, a small position can be taken to go long, with a stop loss at $1720 and a target of $1800-$1840. After breaking through, look towards $1870.
2. Short position entry: If the price rebounds to the 1850-1900 USD resistance zone, you can short in batches, with a stop loss at 1950 USD and a target of 1750-1700 USD.
Ethereum is currently at a critical turning point, and in the short term, attention should be paid to the breakout direction in the $1760-$1870 range. #ETH #BTC #PI #GateioInto11 #GT