Bitcoin Market Capitalization Adjustment and Market Capital Flow Observation:
Currently, Bitcoin's market share has fallen to 57%, which indicates that a large amount of capital is flowing into ETH and some other alternative tokens. At present, ETH still shows strong performance in the short term.
ETH Exchange Rate Dynamics and Focus Points:
However, it is worth noting that the exchange rate of ETH has not been able to break through and stabilize above the 0.04 level, which requires market participants to pay attention.
Trading Strategy Adjustment:
The ETH long position we established yesterday at a price of 3640 has currently achieved a maximum floating profit of about 270% (the price once reached around 3740). This indicates that ETH encountered some resistance near 3740. Therefore, we decided to adjust the originally set second take-profit point from 3780 to 3720 and plan to take profit on all positions at this level.
**
Ethereum Support Level Analysis:
In the short term, the range of 3600 to 3640 is still seen as a support area, while the range of 3550 to 3500 can be viewed as a more extreme support level. These support levels are crucial for formulating trading strategies and risk management. $ETH #以太坊时刻到来? #美PCE年率创半年来最大增幅 #XRP解锁新趋势 #山寨季來了? #AI与GameFi市场表现