The recent rally of Ethereum's trend is quite intriguing. After a rapid surge, it immediately pulled back, giving a strong sense of a dump—probably to shake out the bullish traders following the trend. The range between 2900 and 3050 has been tested repeatedly for a long time, with numerous shakeouts along the way. From the candlestick patterns, this kind of oscillation within the range often indicates that the next move won't be gentle. It's highly likely that enough accumulated momentum will lead to a sharp drop to release pressure. Based on this logic, the space should be waiting below.

ETH0.39%
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ResearchChadButBrokevip
· 2h ago
Damn it, it's the same trick again. Every time they say there's a sharp drop and then they reverse and push up. Who the hell can predict this correctly?
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ConfusedWhalevip
· 2h ago
It's the same old trick again. The last time I got hammered, it was the same way. Let's keep reading. Retail investors are just cannon fodder, the bagholders at high levels. This repeated shakeout... I'm already tired of it. Let's wait for the breakdown. Wow, really, every time they say there's a crash, it just consolidates. Those who believe you all are crying. Lower support? To me, it looks like a trap.
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SnapshotBotvip
· 2h ago
This is a typical market maker's shakeout tactic, scaring retail investors into a daze. They got shaken out again, really exhausting. After repeatedly bouncing within the range for so long, it feels like a big move is coming. There is indeed an opportunity below, it all depends on who can hold on. To put it simply, right now it's just the calm before the storm.
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RuntimeErrorvip
· 2h ago
Hey, here we go again? Every time you say there's going to be a crash, but what actually happens? --- This round of shakeout is really fierce, my stop-losses have all been hit. --- Waiting below? I think it's the long positions buried below waiting for redemption. --- The tug-of-war between 2900-3050 has gone on for so long, it feels like it should have moved already. --- This pattern of smashing the market and shaking out traders has been said a hundred times, but this time the pattern is actually interesting. --- The space is below, and my principal is also below. Boohoo. --- Repeated hits and falls are just collecting chips, don’t be scared, everyone. --- A sharp drop to release pressure? Probably the last dip before a new high.
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