📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
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1️⃣ Research the MBG project
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Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
#ETH# **Leverage Liquidation Pressure**: Approximately $1.2 billion in long positions is concentrated in the $2,500-$2,600 range, and price fluctuations can easily trigger a chain liquidation.
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### 🔮 4. Today's Trend Prediction
- **Neutral to Bearish Scenario (60%)**: ETH is expected to fluctuate within the range of $2,434-$2,535 during the day. If it breaks the $2,434 support, it may decline to $2,300 (weekly Fibonacci support).
- **Breakthrough Scenario (40%)**: If it breaks out with volume above $2,560 and is accompanied by accelerated ETF inflows, the short-term target is $2,648, followed by a challenge at $2,745.
> 💎 **Trading Suggestions**: Short-term traders should pay attention to the support at $2,434 and the resistance breakthrough at $2,560; range trading can be done before the breakthrough. Medium to long-term investors can accumulate positions on dips, with stop-loss set below $2,300. It is essential to closely monitor the evening's US inflation data and SEC policy movements.