Risk warning, the previous 4-hour volume bar is large, indicating a significant increase. Therefore, it is recommended to buy low. Carry a stop-loss. Trading without a stop-loss is reckless.

ETH Short-term Strategy

You can see that the major resistance is at 3398
The major support is at 3222
Currently, it's oscillating within a range

For those eager to open a position, consider shorting between 3375-3398, take profit as you wish
Set the stop loss at the previous high, 3451

The lower you go, consider going long between 3239-3222, take profit as you wish, stop loss at 1% 3190

Remember, if the resistance or support level is broken and then retraced, look for the subsequent trend. Don't fantasize about opening long if you think it will rise, or opening short if you think it will fall. Open positions based on the candlestick patterns. This will greatly increase stability. Always use a stop loss.

Opportunities come from waiting; don't FOMO into trades, don't chase the rise, don't chase the fall.


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