Fam! In the last three days of the month, ETH has been playing "roller coaster" after going sideways. Doesn't it make your palms sweat? After surging to 3099 on the 28th, it has been slowly falling, and this morning it directly dropped to around 2960. Now it has been pumped back to 3010. Has this wave of fluctuations made you hesitant to act and want to cut loss?

Don't panic yet! Behind this sideways movement, there are actually key signals for next month's market! Moreover, there have been constant big news in the circle this week, each of which could become the "fuse" for ETH's breakthrough. Can you believe it?

First, let's review the core intraday trends: from 3099 to 2960 back to 3010, it seems like a tug-of-war between bulls and bears, but in reality, it's funds testing the bottom line! Here comes the key point——yesterday, a big announcement was made, with the central bank leading a meeting to regulate virtual currencies, clearly stating that they will continue to crack down on illegal activities. Under this wave of regulatory negativity, can ETH rebound from 2960? Is there something fishy going on? Additionally, the aftermath of Upbit being hacked for over 30 million USD is still unresolved; will funds take the opportunity to adjust their positions in ETH?

More importantly, on the 4th of next month, the ETH Fusaka mainnet upgrade is imminent, with favorable technical improvements to increase Gas limits and Blob capacity, but there is also a lot of bad news: expectations for interest rate cuts are cooling, and liquidity in the crypto market is under pressure. With this good and bad PK, who will win?

Many people are asking whether it can rise next month and what the range is? Here’s a straightforward conclusion: this wave at 2960 is a short-term bottom test, and next month’s market outlook is based on the "upgrade + support" dual logic! Remember the key range: support level 2950-2960 (the low point has already been tested in the early morning), if it falls below, we look directly at 2880-2900; resistance level 3080-3120 (below the high point on the 28th), if it stabilizes, it can push towards 3250-3350, and after breaking through, 3400 is the real critical point!

There is another hidden minefield: Ethereum ETFs previously set a record for weekly capital outflows. If next month's upgrade does not meet expectations, will it trigger another capital flight? On the other hand, under high regulatory pressure, cryptocurrencies that can survive become more scarce. Will ETH become a "safe haven" for funds?

Want to know if you should lay out your strategy before the upgrade? How to stop loss if the support level is broken? Comment "ETH" and I will send you next month's precise operation points and risk avoidance techniques! Follow me, and tomorrow I will take you to watch for the key reversal signals before the upgrade. If you miss it, you might have to wait another month!