Today, ETH repeatedly faced resistance at the 3400 integer level. A top divergence signal appeared on the daily chart at higher levels, and the 4-hour momentum clearly weakened. It looks like it will fluctuate within the 3280 to 3400 range.

From my perspective, the current main strategy should be to buy on dips. Only consider light short positions when facing resistance and a stagnation in price, but be sure to strictly set stop-losses and avoid any overconfidence.

Regarding key support levels: 3280 to 3310 is a strong intraday support zone, usually with buy orders stationed there; further below, 3240 to 3260 is a strong support and a defensive line for the bulls—this is a must-hold position for longs; below that, 3130 is a critical trend point—if broken, be cautious. On the resistance side, 3400 is the integer level, with 3450 to 3500 representing a stage of strong resistance.

There are two ways to go long. For a more conservative approach, open longs at 3240 to 3260, with a stop-loss at 3210, targeting 3360 to 3400. If it breaks through, continue chasing above 3450, keeping position size within 10%, leverage up to 10x, and each stop-loss no more than 2% of the principal. A more aggressive approach is to open positions in the stabilization zone at 3280 to 3310, with a stop-loss at 3250, targeting 3380 to 3400. Trade quickly in and out, avoid holding positions overnight.

Short opportunities are limited, mainly when volume stalls or long upper shadows appear between 3380 and 3400. Set a stop-loss at 3430, and close the position when it returns to 3300 to 3280. These trades should not be held overnight. The true bearish signal is a break below 3240 with a failure to rebound back above 3260—only then consider opening short positions, with a stop-loss at 3280, targeting 3150 to 3130. If broken, look further down to below 3100.

Risk control is non-negotiable: do not exceed 10% position size, leverage no more than 10x, and keep each stop-loss at 2% of the principal. Do not chase high if 3400 is not effectively broken, and do not blindly short if 3240 is not broken downward. Also, keep an eye on BTC’s movement; if BTC experiences a sharp correction, reduce ETH longs or exit with stop-losses early to avoid being caught.