ETHFI Trading Signal
đą Bullish Signal
Current Price: 1.616
Recommended Strategy:
1. Entry: Long with a small position near 1.616
2. Stop Loss: 1.584 (-1.98%)
3. Target:
- 1.648 (+1.98%)
- 1.672 (+3.46%)
- 1.697 (+5.01%)
- 1.721 (+6.50%)
Main Observation Points:
1. There is a certain resistance in the 1.616-1.661 range, and the long position profit is relatively concentrated
2. The 1.552-1.607 range is the recent support, and the long position stop loss is concentrated
3. High-leverage orders are concentrated in the 1.661-1.716 range, and breaking through this range may trigger a sharp rise
4. The order distribution of the three exchanges, Binance, OKX and Bybit, is relatively balanced, reflecting the broad market participation
Notes:
1. Use small positions and strictly control risks
2. If the price breaks through 1.661, you can consider a small increase in positions, but be wary of stronger resistance near 1.716
3. If the price falls below 1.584, consider stop loss or shorting
4. Pay close attention to the latest progress of the ETHFI project and the overall cryptocurrency market trend, especially the development of the Ethereum ecosystem
5. As a DeFi project, ETHFI may be affected by the performance of the Ethereum network and gas fees, so pay attention to related risks
6. Consider using a moving stop loss and gradually increase the stop loss level when the price rises
7. Pay attention to key indicators such as ETHFI's liquidity provision, yield and governance proposals
8. Pay attention to the differences in order distribution between the three exchanges, which may affect short-term price trends
