ETH/USDT Trading Strategy Analysis 📈

Recently, we have become more optimistic about Ethereum (ETH) and plan to adopt a long strategy in the ETH/USDT trading pair to take advantage of the expected market trend. We set the ambush points at 3080.5 USDT and 3040.5 USDT, of which 3080.5 USDT is the main entry point and 3040.5 USDT is used to increase positions when the market pulls back.

Trading plan:

- Long direction: Set up a limit order with 100x leverage at these two points and control 5% of the margin.

- Take profit target: When the ETH price rises to 3112 USDT, close 50% of the position and implement a moving break-even stop loss to ensure profit; close the remaining position at 3150 USDT to make a full profit.

- Stop loss setting: If the ETH price falls below 2980 USDT, execute a stop loss to control risk.

Market logic

Our optimism is based on the positive changes in current market sentiment and the continued development of the Ethereum ecosystem. As a benchmark for smart contract platforms, ETH is seeing rising demand, especially driven by DeFi and NFT. Technical analysis shows that there are rebound opportunities at the two key support levels of 3080.5 and 3040.5, so this trading strategy is particularly appropriate.

In general, this strategy is based on the current market environment, but it is necessary to pay attention to market changes, control position risks, and avoid blindly following. Any strategy should be adjusted accordingly with market dynamics. If there is any new situation, it will be notified in time to make the best decision. I wish you a smooth transaction! 🚀