Ethereum Evening Order Strategy Sharing (12.10)

1. Good evening everyone! They say Ethereum can beat me, and I have to say, it's true, hahaha. But if it can beat me, I still have to go for it — I want to be an all-rounder! Of course, this order is for everyone to observe. If you really think it can beat me, it's fine to go for a counter trade, hahaha. Alright, back to the point. I might not be able to execute this order today, but if I do, it could be a big profit. Every time we hit a volatile market, where it can't drop much or rise much, I choose to place orders at a safe distance to avoid trading in the volatile zone because there's no logic or theory to it. The strength of today's rebound is currently weak, so we absolutely cannot rule out the risk of a decline. I do not recommend entering long positions right now. Last night, Ethereum's low point came close to the previous support level. Without a substantial breakout and a retest holding above 3780, the situation cannot be judged as bullish. This low point not only reminds us to pay attention to risk control but also signifies that the next low point may not be 3400. Ethereum's 4-hour chart shows an inverted triangle pattern, and after nearly 20 days of a main upward trend, it has corrected nearly half in one day. The 4-hour Bollinger Bands show a downward trend across all three lines, which are signs of a bearish bias in the data!

2. Let's discuss the points. We won't open short positions for now; in this kind of market, we can look to buy low. We can consider buying near 3268-3298, and the stop loss can be a bit lighter. The target is around 3788. Remember, we want to buy low, not sell at market price! Don’t be like Wu Zetian, losing Li Zhi, okay?! Tonight, let's play some DJ! What DJ are we playing?! The DJ I've been practicing for two and a half years! Haha $ETH