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$ETH Support level 2935–2940, lower boundary of 2866, strong support
Resistance level 2990–3000, middle boundary + psychological round number
Be alert to the upper boundary 3040–3050
Breaking below 2935 and losing support may lead to a second bottom target of 2880 / 2866
Trading ideas (not investment advice)
Aggressive long strategy: 2935–2950, stop loss below 2900
Target: 2990 / 3040
Moderate short strategy: 2990–3040, stop loss above 3050
Target: 2940 / 2880
One sentence summary
ETH is currently a “rebound oscillation in a downtrend”
Do not chase longs, do not panic,
Watch 2935 for support, 3000 for direction.