Hello, family! I am Guitar. Today, let's first discuss the situation with Ethereum. Our current average price for Ethereum spot is around 2300. Currently, we can move the stop loss up a bit, to 2600. Our target is still to look at the previous high point of 3900. If we can break through this point, we might see 5300.
Next, let's talk about short-term operations. Everyone, look at this chart.
We can consider the range from 3030 to 3085 as a fluctuating interval. Yesterday, the price broke through this interval, but in the evening, it returned to the key point of 3085 again. Next, everyone should pay close attention to see if the price will drop below 3385 again. If it drops, it will form a false breakout 2B pattern. At this time, you can consider placing an order at 3385 for a medium-term short position, with the target being the middle track of the fluctuating interval at 3230 and the lower track at 3030.
However, in a bull market, short selling in the short term must be done with extra caution. Because market sentiment can change at any time, and prices can rise directly, which is very likely. Therefore, placing low buy orders or holding onto spot is the most stable operation method.
I sincerely hope that the content I share can help everyone! Thank you very much for the recognition and attention from all my friends. Let's communicate and improve together!
