#以太坊行情解读 ETH afternoon market data breakdown | key levels and trading strategy

**Several Important Price Levels at Present**

On the pressure side: 2960-2980 is the rebound position (the lower edge of the previous oscillation market data is also here), while 3000 is the dual resistance of psychological price + daily middle track.

Support here: 2920-2930 close to today's lowest point of 2919, this is often the launchpad for a rebound from an oversold condition, and below that, 2900 is the lifeline of the consolidation market.

**Possible Scenarios in the Afternoon**

What is the maximum probability? In the range of 2930-2970, there is weak volatility with limited rebound momentum. In the morning, it rebounded from 2919, but the trading volume was mediocre, indicating that the buying power mainly consists of short-term bargain hunters, without sustained follow-up. Once it approaches around 2960, it is highly likely to face another hit, and then retreat to 2930.

If a large buy order is executed and 2980 is broken with significant volume, it may briefly surge to 3000, but it will be very difficult to maintain that level. Conversely, if it drops below 2920, 2900 will be tested quickly, and if it really breaks down, there are levels of 2880-2860 waiting below.

**Two trading strategies**

If going long: enter with a small position at 2930-2940, set a stop loss at 2915, and profit target at 2960-2970.

Short position: Small position layout at 2970-2980, stop loss at 3000, close position when it falls to 2940-2930.

$ETH Now is the time to test your mentality.