ETH— What the 3500 Support Means and How I’m Trading It

Exactly on Friday, just before the big drop, I bought ETH at 4300.
Fortunately, I had a stop loss at 4150, which — of course — got triggered.

But instead of frustration or searching for someone to blame, I took it like a trader should — accepted it, moved forward, and focused on what’s next. Because in trading, maturity starts where ego ends.

Technical Picture

Looking at the chart, after breaking the 4300 support line, ETH accelerated to the downside and found buyers around 3500.

This level is not random — it’s defined by:

1. A major horizontal support
2. The ascending trendline from previous lows
3. And the psychological round number of 3500

Naturally, we saw an initial rebound from that area.

Trading Plan

If the market retests the 3500 zone, I’ll be looking for buying opportunities, targeting a potential retest of 4300.

However — and this is crucial — my trade will be low-volume and protected by a tight stop.

Why? Because while I believe this could be a turning point, so does everyone else.
And when every retail trader sees the same thing, I trade carefully — because as we’ve all learned now, there’s no such thing as free money.

Final Thought

Discipline is not about winning every trade — it’s about staying rational when emotions scream louder than logic.