ETH held the $4280 level. Early this morning, I was thinking about going long with a stop loss set at $4270. But after thinking it over, I decided not to. That one decision saved me from waking up to a stopped-out position. The $4270 level had been supported twice before without breaking. This time, it broke down but quickly recovered—feels like it’s targeting contract traders... With this kind of choppy market, I suggest everyone watch more and trade less! The shakeout isn’t mild anymore; it’s at hell-level intensity with all kinds of fake-out moves. There’s also the non-farm payroll data coming out tonight. Whether it goes up or down depends on the U.S. The resistance above has shifted to $4400. Will it break out of this descending channel or finish the move? Based on my expectations, I think even if there’s a rebound, it’s just a short-lived bull fightback before continuing to drop. The consolidation time and range aren’t enough yet...