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#ETH Ethereum macro perspective, prepare for the future, plan for tomorrow!
It can be seen that the Vegas channel at the daily level still has a strong support role. The market has repeatedly hit the upper band and then experienced effective rebounds. However, the price of Ether is currently hovering around 3880, which is quite an awkward position from a larger perspective; it's neither suitable for a long position nor a short position. There is also a distance of about more than 100 points to the upper band of the Vegas track, so it is not recommended to make any moves now.
Tomorrow is Monday again, and you can plan based on some of the information provided above.
1. Enter a long position near the support around 3720, with an additional buy at 3650. The target is 3850. If it breaks 3900 again after the US market opens tomorrow night, then continue to hold and look at the integer resistance level of 4000.
2. Short position, observe tomorrow's daytime and look for volume situations above the small structure. If there is a strong rebound and pullback after an upward volume surge, remember to enter a short position during the second round of the small structure market. Personal price prediction around 3912. This is where to enter the short position for speculation!
Amu personally has a more optimistic view on the layout of shorting Dan. Although, as a heartless trader, one shouldn't have much emotional difference between long and short positions, Amu still hopes that you can operate more safely, so I'm revealing my most genuine thoughts. #参与创作者认证计划月领$10,000 #Gate跨所交易平台CrossEx上线 #美联储如期降息25基点