$ETH (10/18 Ethereum Market)

Let's see if Ethereum has a positive performance today. The price broke through 2600 again and began to fluctuate between 2600-2700.

Briefly introduce several ideas of market makers in market fluctuations:

1⃣Washing the market and absorbing chips

Clear the unsteady chips and collect more chips at a lower cost.

Reduce the holding cost by selling high and buying low, and occupy a favorable position for the future market.

2⃣Test the market reaction

Test the support and resistance levels, determine the direction of the market breakthrough and the target price. 3⃣Wait for the opportunity

Pay attention to macroeconomic and industry news, so as to follow the trend or avoid risks when major positive or negative news appears. Cooperate with other main forces or institutions, wait for signals in the fluctuations, and jointly promote asset prices in the expected direction.

🆚 Ethereum's fluctuation this time is more like the third one. The big brother has played a good role as a leader. We wait for funds to flow out of the big cake.