ETH market analysis

Price fluctuations and trading volume: At present, ETH's price fluctuation range is limited, and the trading volume has only slightly increased, and the overall situation remains in a sideways adjustment state. The current short-selling force has a slight upper hand.

Futures prices and gaps: ETH futures prices have theoretical gap filling.

Combined with the recent sideways trend, a downward relay may be needed in the future to further confirm.

Volatility space: The recent volatility space is small, and the market is still waiting for external factors to stimulate price changes.

Pattern analysis: Pay attention to the arc top pattern on the 4-hour chart, with the neckline at $2,500, which will serve as the last line of defense for bulls.

Trading strategy

Long order strategy:

Entry point: Try to go long near $2,500.

Stop loss point: $2,470.

Target range: $2,600 to $2,650 (Note: This is a trial long position, and the stop loss setting is small).

Short order strategy:

Entry point: Short in batches in the range of $2,660 to $2,700.

Stop loss point: $2720.

Target range: $2590 to $2550, the final target is $2500 (this strategy is valid intraday).

Note: The above strategy is for reference only. You need to bear your own risks when trading, and control your positions and risks reasonably. 📈 Want to learn more about the logic of cryptocurrency investment? Please visit my main page to find me.

#MtGox钱包动态 #美联储何时降息？ #美国CPI数据连续第4个月回落 #ETH🔥🔥🔥🔥 #BTC走势预测 $ETH