🚀 The opportunity for the sharp decline of DOGE and ETH has arrived!
1️⃣ Opportunity 1: DOGE's golden buying point
Current price: 0.34 USD
Pullback magnitude: From 0.48 USD down to 0.34 USD, a 30% pullback
Key support: 0.33 - 0.35 USD (0.618 Fibonacci retracement level)
Operational strategy: Buy at lows, wait for the market stimulus from Musk taking over the White House
Why is it an opportunity?
Elon Musk's potential stimulus: A month later, Musk will officially take over the White House, and Doge may become a tool for him to 'show off his achievements'.
Strong support: 0.618 Fibonacci retracement level, likely to stop falling and rebound, pullback is sufficient, conditions for an increase are met.
Market sentiment: Market panic is gradually easing, Doge sentiment is warming up, ambush early, hold patiently.
2️⃣ Opportunity 2: ETH's bottoming logic
Key support: 3420 - 3520 USD
Buying strategy: Buy on the left side, 2x leverage, build positions in batches
Target price: Short-term rebound target 3700 - 3900, long-term target 4500 - 5000 USD
Why focus on ETH?
Long-term benefits: The Prague upgrade in March 2024 is expected to further enhance ETH's performance and scalability.
Strong support at the bottom: The 3420-3520 range shows strong support, with significant buy orders waiting, and the pullback is nearing its end.
Leverage strategy: 2x leverage, manageable risk, even if the market drops another 50%, it won't lead to liquidation.
Notes:
Control leverage: 2x leverage is sufficient; do not pursue high leverage for quick profits, steady progress is more important.
Build positions in batches, buy on the left side: You can build positions in batches at 3420-3520 to reduce risk.
3️⃣ Market impact of Powell's speech
Powell does not support Bitcoin, market volatility increases, Bitcoin rises and then falls, leading to pullbacks in ETH, DOGE, and other assets.
ETH long position stop-loss wave: A large number of long stop-loss orders have been triggered, increasing market volatility, but it also creates opportunities for left-side accumulation.
In this pullback, ETH support at 3420 - 3520 has become a 'strong shot in the arm' and is unlikely to be broken.
4️⃣ Operational strategy
DOGE operation:
Buying range: 0.33 - 0.35 USD
Target price: 0.42 - 0.48 - 0.55 USD
Stop-loss advice: Stop-loss below 0.31
ETH operation:
Buying range: 3420 - 3520 USD
Leverage: 2x leverage, position control 20-30%
Target price: 3700 - 3900 - 4500 - 5000 USD
Stop-loss advice: Short-term stop-loss at 3300, long-term holdings do not stop-loss.
5️⃣ Core advice
Do not be greedy for high leverage; steady progress is key!
Using 2x leverage to operate ETH, even if it drops 50%, it won't lead to liquidation; the risk is manageable.
Novice investors should understand that the larger the capital, the more money can be earned; trying to use small amounts for large returns can more easily lead to being 'harvested' by the market.
Ambush DOGE at lows, betting on the Musk White House effect
The 0.33 - 0.35 range is a golden buying point, combined with Elon Musk's potential benefits, it's an opportunity for early positioning.
Risk management
Stop-loss settings: DOGE below 0.31, ETH short-term stop-loss at 3300.
Do not stop-loss when the market is most panicked, do not chase up when it is most fervent; plan each operation in advance.
💡 Conclusion: DOGE and ETH are the best buying opportunities in this wave of sharp declines!
DOGE: Buy at 0.33-0.35, take profit at 0.42-0.48, ambush the 'Musk White House effect'.
ETH: Bottoming at 3420-3520, target 4500-5000, build positions in batches on the left side, bullish in the long term!
The earlier you position, the more stable; wealth always belongs to those who plan!
