Market Analysis
Currently, the profit of Ethereum's long orders at 3390 points is not very impressive. On the daily chart, the price has a short-term retracement, which is a normal market fluctuation. In terms of the overall trend, the price is expected to remain above 3310 points, which shows that the bullish force still exists. Therefore, investors holding long orders at 3390 points can choose to take profits if they are conservative, while aggressive investors can continue to look at the suppression strength of 3450 points.
Daily chart analysis
On the daily level, the price of Ethereum has pulled back near 3390 points, but it remains above 3310 points overall. If the price can hold this support level, the bulls will still dominate. If it can break through the 3450 point resistance level, it will open up room for further growth.
Four-hour chart analysis
On the four-hour chart, Bollinger Bands began to close, and the price moved around the middle track. If the price cannot stand firm at 3400 points and move upward, it may continue to remain in the downward channel. In the future, we need to pay attention to the support strength of the 3250-3280 point range to judge the market trend.
One hour chart analysis
The one-hour chart shows that the price of Ethereum fluctuates around 3400 points, with the high pressure at 3450 points and the lower support at 3250 points. The current price fluctuations are large, and it is necessary to pay close attention to the changes in support and pressure in the short term in order to adjust the operation strategy in time.
Recommendations
Short-term operation strategy:
Robust strategy:
If the price rises to around 3450 points, it is recommended to gradually take profits to avoid floating losses caused by pullbacks.
Aggressive Strategy:
If the price stabilizes at 3400 points, continue to hold long positions and pay attention to the high pressure of 3450 points. If it breaks through, hold further.
Margin Call Strategy:
If the price pulls back to the range of 3250-3280 points, you can consider adding to long positions in batches and gradually take profits when the price rises back to above 3400 points.
Please pay close attention to market dynamics, adjust your operating strategies in a timely manner, and pay attention to risk control. Be flexible in responding to market changes to ensure optimal returns in volatile markets.
risk warning
Investment is risky, so be cautious when entering the market. The above analysis is for reference only and is not intended as investment advice. Investors need to develop trading strategies based on their own circumstances, pay attention to fund management, and control risks.
