ETH early trading strategy analysis



1. Long Strategy

• Long Point One: Around 3850. Reason: Close to the psychological integer support level and near previous lows, there is potential rebound momentum.

• Long Point 2: Around 3800. Reason: Close to the next important support integer level. If the price can stabilize the downward momentum, the safety of this position is higher.

• Long stop loss point: 3775. Reason: Losing 3800 indicates that the trend continues downward, and timely stop loss is needed to avoid greater losses.

2. Short Selling Strategy

• Shorting Point 1: Around 3980. Reason: The short-term EMA7 and EMA30 create resistance, and the MACD continues to show a dead cross, coupled with the consecutive decline of high points, which falls into a weak rebound area.

• Short Point Two: Around 4020. Reason: The integer level carries inherent pressure, and the recent high points of 3993 and 4008 form a potential selling pressure range.

• Short Position Stop Loss: 4045. Reason: 4020 has been effectively broken with strong volume, which will challenge greater resistance; at this time, it is not advisable to continue holding short positions.
ETH-4.8%
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