#ETH🔥🔥🔥🔥 $ETH

ETH Trading Strategy and Analysis Market Analysis

The price of Yitai rose to around 3680 in the previous period, and now it is oscillating and consolidating in the range of 3500-3656, with fierce competition between long and short positions. Pressure level: 3656

After many attempts, if this position is broken, it may usher in an accelerated rise. Support level: 3500

The key to long defense is that if it falls below this position, it may further fall back to a lower level. Trading strategy

Buy high and buy low in the range

Buy point: enter the market near the support level of 3500. Sell point: take profit near the pressure level of 3656. Stop loss position: below 3480.

Breakthrough chasing long strategy

Entry conditions: break through and stand firm at 3656, and chase long orders. Target: 3700, further look at 3750. Stop loss position: below 3630.

Short order strategy

Entry conditions: If the price falls below 3500, you can enter the market with a light position to short. Target: 3400-3275. Stop loss position: above 3520.

Risk warning

Currently close to the pressure level, be cautious when chasing up. Strictly implement stop loss and avoid emotional operations.

Personal opinion, for reference only