Ethereum is consolidating, brewing a big market trend. Have you noticed it?
Overview of long and short strategies, accurately capturing key price levels!
Don't regret waiting for a breakout; opportunities are always reserved for those who are prepared!
Market analysis:
Ethereum's recent trend resembles Tai Chi, with prices oscillating back and forth within a range. On the surface, it seems calm, but in reality, the market is preparing for the next big trend. Whether bullish or bearish, any breakout from the current key levels could trigger a strong market movement.
Support and resistance levels:
• Support levels: 3,320, 3,280, 3,240
• Resistance levels: 3,400, 3,450, 3,500
Short-term trading strategies:
Long:
• Entry point: 3,350
• Add position point: 3,310
• Stop-loss point: 3,230
• Take profit targets: First target 3,400; Second target 3,450; Third target 3,500
Short:
• Entry point: 3,400
• Add position point: 3,460
• Stop-loss point: 3,510
• Take profit targets: First target 3,320; Second target 3,280; Third target 3,240
My prediction:
Based on Ethereum's current trend and market sentiment, I lean towards short-term buying. The current price is in the lower-middle part of the oscillation range, with a higher chance for a bullish rebound. If it can stabilize above 3,400, it is likely to continue pushing towards 3,500.
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