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Club Target Review: $ETH Short Long
Although the Federal Reserve finally lowered interest rates as expected, the market still experienced a plunge due to Powell's hawkish speech.
The club believes that the current decline will not be continuous; there will definitely be a rebound, so we are leading everyone to take a short long position on ETH.
The marking point for the ETH club was to go long around 3580, with an additional buy at 3550. The market dropped to a low of 3540, perfectly hitting the additional buy point, and then the market rebounded as expected, reaching a high of 3665, rebounding by over 100 points.
This kind of declining market is both a crisis and an opportunity, especially for contract operations. Only by reasonably planning your entry points, additional buy points, and stop-loss and take-profit points can you profit in such a market.
Although the Federal Reserve finally lowered interest rates as expected, the market still experienced a plunge due to Powell's hawkish speech.
The club believes that the current decline will not be continuous; there will definitely be a rebound, so we are leading everyone to take a short long position on ETH.
The marking point for the ETH club was to go long around 3580, with an additional buy at 3550. The market dropped to a low of 3540, perfectly hitting the additional buy point, and then the market rebounded as expected, reaching a high of 3665, rebounding by over 100 points.
This kind of declining market is both a crisis and an opportunity, especially for contract operations. Only by reasonably planning your entry points, additional buy points, and stop-loss and take-profit points can you profit in such a market.
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