As the noon bell rings, what trend characteristics does ETH show during today's noon period? How should friends formulate corresponding operation strategies? This article will reveal them to you one by one. According to the latest market data, ETH showed a clear downward signal at noon today, from 3839 to 3777. Technical indicators show that ETH's relative strength index (RSI) remains above 70, indicating that the market buying power is strong and investor sentiment is positive. In addition, the short-term moving average has crossed the long-term moving average, forming a "golden cross" indicating that ETH prices are expected to rise further! Support and resistance. At present, the continued hotness of the DeFi and NFT markets provides a solid demand foundation for ETH. With the participation of more institutional investors, ETH's market confidence has been further boosted. In such a market environment, Abi recommends friends to adopt the following strategies. Strategy: Consider adding long positions when ETH falls back to around 3770 (those who have not followed Abi before can enter the market at this point)
Stop loss setting: In order to control risks, it is recommended to set a reasonable stop loss according to personal tolerance. Abi set stop loss in batches at 3713-3701.
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