The short position of $ETH analyzed earlier can be paid attention to!
After the pullback, manage the profits yourself!
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Just now, a big positive line at $ETH ignited everyone's emotions again. Let's briefly analyze the subsequent trend and contract strategy points:
The current price of Ethereum is still running in the wedge structure. Affected by the upper edge of the wedge structure and the K-line pressure of 3420, there is a short-term needle, but the 4-hour line is still increasing in volume, and it may rise in the future. So it is still quite dangerous to short near 3420.
In my opinion, the position of 3480-3510 is a more suitable point. This range is the range of the large-scale Fibonacci 38.2, and it is a K-line chip-intensive area. Although it is a bit conservative, isn't it like this to do contracts? If there is no opportunity, never open an order. Don't open an order for the sake of opening an order. You must open an order for the sake of making money. Stability is very important!
The next strengthening of the market may have to wait until the American holiday is over. It has always been like this in previous years. Don't worry, everyone!
The current price of Ethereum is still running in the wedge structure. Affected by the upper edge of the wedge structure and the K-line pressure of 3420, there is a short-term needle, but the 4-hour line is still increasing in volume, and it may rise in the future. So it is still quite dangerous to short near 3420.
In my opinion, the position of 3480-3510 is a more suitable point. This range is the range of the large-scale Fibonacci 38.2, and it is a K-line chip-intensive area. Although it is a bit conservative, isn't it like this to do contracts? If there is no opportunity, never open an order. Don't open an order for the sake of opening an order. You must open an order for the sake of making money. Stability is very important!
The next strengthening of the market may have to wait until the American holiday is over. It has always been like this in previous years. Don't worry, everyone!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
ETH
3,687.11
+1.30%
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