Currency: ETH long
Recommendation index: 3.5 (full five stars)
[Plan] Long can be done near the short-term support of 3428-3433 US dollars, stop loss below 3350 US dollars, and take profit near 3620/3710 US dollars.
Reason for entry: The recent trend of ETH is stronger than BTC. It is recommended to pay attention to the cross-product arbitrage opportunities of ETH long on dips and BTC short on rallies in the short term. There are also positive news about ETH in the early stage. The SEC has ended its investigation into Ethereum 2.0 and will not accuse Ethereum sales of securities trading. There are also positive expectations of major holdings, Ethereum destruction to suppress inflation, and the future ETF formally launched online trading, which is also the reason why ETH has performed better than BTC recently.
Valid time within two days
Note: The strategy only represents personal subjective views and is for reference only. It does not constitute a basis for buying and selling. If you operate based on this, you will bear the risks yourself.