8.27 ETH market analysis:
Wait for a good opportunity to build a position, short around 2780, long at 2680. The current market is controlled by leverage sentiment, and the key pattern has not been touched. It is only a false illusion to lure the market. It is difficult to predict the "harmony" between long and short positions, so it is advisable to wait for the high-sell and low-buy points. Spot contract Junyang👉
@Square-Creator-38f0acad4 8.26 ETH position building strategy update:
If the 2760-2780 range appears, go short, target 2610, and defend 2810.
If the 2660-2680 range is reached, go long, target 2800, and defend 2640.
Reason for adjustment: BTC shorts dominate, ETH longs still exist, and ETH callback is in sight. BTC shorts are under heavy pressure, and may re-explore the 64500-65000 range to lure longs. ETH took the opportunity to rebound and clear high-leverage shorts, and then expanded the shock with the Carlo clearance rate, clearing the long and short high leverage.
Note: There is a large amount of pending orders at 2610, indicating that no matter which end is touched first in the near future, it will eventually pull back to this point.