After hitting $3500, ETH has been oscillating in a wide range between 3350 and 3500. Bitcoin has also been oscillating in a narrow range between 63400 and 65400‼

This market movement should be called the oscillating trend after a surge, so we are more cautious in opening a psoition, and this market is not suitable for frequently opening positions. However, you can go short at high price and go long at low price in this oscillation range from 3358 to 3520. So, just hold the positions if the price is broken through. Since the current wide range of oscillation will remain for a long time, there will be a new downward trend according to technical indicators.

The market has not broken through the key support level, so I think that you can take profit for half to prevent from suffering a loss if there is a rising market and the remaining position is used to wait for the market to break through the support level and continue to fall after shorting at a high price.This is a better way to make a stable profit in this market trend.For example, going short near 3460 that I told you yesterday, and then ETH fell to 3360, so we made a profit of 100 points.#ETH_ETF_Approval_23July #CPI_DATA