#以太坊行情技术解读 Non-farm payroll data just released, with 64,000 new jobs added, surpassing market expectations of 50,000. This result directly caused a sharp drop in Ethereum.

It's clear from the 5-minute candlestick chart. Currently, Ethereum is priced at $2940.81. At the moment of the data release, the price shot straight up to $2982.10, looking aggressive, but then it was hammered down, leaving a beautiful long upper shadow. A classic false breakout, a trap to lure longs.

From a technical perspective, the resistance zone is now clearly defined: the 2980-2985 level has become a steel gate. If the rebound can't generate volume, it’s a clear sign of reducing positions or shorting opportunities.

Support below also needs close attention. The immediate support around 2940 is currently being tested. If this breaks, the next line of defense is at 2916. The most critical support zone is between 2880-2900, which is a daily-level platform.

How to view the current market? The price has already broken through the short-term moving averages, and rebounds are being quickly suppressed, which looks very weak. Driven by macro bearish factors, initial volatility will be particularly fierce, but it’s precisely because of this that we need to stay calm. Don’t try to guess the bottom or chase rebounds. Let the market develop a clear downtrend structure on its own, and only follow when the trend is most certain. The essence of trading is a probability contest; finding the highest probability opportunity is enough.