Already bought Ethereum, stop loss at 3317
Personally placed an order of 12,200 USD with 10x leverage
The reasons for placing the order are simple:
1: A double low formed on the 15-minute chart, showing signs of a rebound at a small scale
2: The Trump family bought 722 Ethereum at 3461
3: High win-rate swing traders bought 14,369 Ethereum at 3501 with full positions
4: Target levels are 3574, 3690, exit at 5.5
Considering that Bitcoin spot ETF had a net outflow of 439 million USD last night, Ethereum spot ETF outflow of over 60 million still suggests to trade short-term quickly in and out