CherrySaidAnalysis

ETH today's market: You can adopt a high-short strategy, opening a short position around 3657-3671 with a 10-point stop-loss and a 20-50 point take-profit, or go long at a low level. If the previous low is not broken, you can open a long position. Take profits when in profit. $ETH

Today's ETH level: Currently, the weekly trend is still a downtrend. The current market is a retracement during the decline. Focus on tonight's closing position.
Break below 3358, consider opening a short position nearby, with a stop loss of 10-15 points. If the break occurs, the maximum take profit target is around 2406 below the weekly chart. However, it is not recommended to hold a long position; take profit after gaining 20-50 points and then exit. $ETH

Yesterday, ETH experienced two big dumps, with deep whipsawing. The Fed's interest rate cut stance is ambiguous, and the focus is on Friday. If there are more speeches supporting the rate cut, then the coin price will go up; if there are more speeches not supporting the rate cut, the coin price will go down. Currently, the bull run may be coming to an end, and it is the process of transitioning between bull and bear markets. I suggest everyone not to hold long term positions; the transition between bull and bear markets takes about 4 years: 2 years for the bull run and 2 years for the bear

ETH broke 3640, currently not going long, only shorting at high positions, can still go lower to 3400, 33 these positions.

Tonight's ETH strategy: Currently, it's a large-scale short, and I recommend everyone to adopt a high short strategy.
Open long positions near 3640, 3650, 3660, 3680, and 3695. You can try placing limit orders and set the stop loss at 3640 or lower.
Short positions: Around 3924, 3898, 3880, 3863, 3851, 3795, 3763, and 3741 can all be tried for shorting, with a stop-loss of 10 to 20 points and take profit of 10 to 30 points before closing.

Tonight's ETH strategy: You can try placing long orders around 3750, 3780, and 3680, with a stop loss of 10 points. If 3924 doesn't break, you can try shorting it, with a take profit of 30 points and a stop loss of 10 points.

Today's ETH strategy: Based on yesterday's market, the upper resistance level of 3898 has not been broken through, and the overall market is still focused on a high short strategy. Note that today is Saturday, and the market is slow. You can make trades when the price reaches these levels. $$$ Today's short position can earn around 20-50 points, with a focus on these positions:
3898
3885
3850 (If it breaks through and stands firm, go long for a maximum profit of 30 points; if it doesn't break through, short for around 20-50 points.)
3827 A break below could yield a profit of 5

Today's ETH strategy: You can Short near the two levels of 3851 and 3882, with take profit at 3726 and 3673. If it holds above 3899, it's bullish; if it breaks, you can go long, with take profit at 3950.

Today during the day, short ETH around 3951, with potential profits of 240 points in two waves.

Today's ETH market: Focus on 3951, if it does not hold above, Short near this level. If it holds above 3928, you can go long up to around 3951. If it holds above 3951, you can go long up to around 3890.

Today's ETH strategy focuses on: If it doesn't break these two positions of 3928～3965, you can open long positions nearby.
3992～4062 is a strong support level, short positions can be opened near 4062.
Pay special attention to the information on the interest rate cut to be announced by the US at 2 o'clock tonight.

Today we learn about moving averages: in the Candlestick Chart, MA represents the moving average, and the other numbers indicate the number of days for the moving average.
Different uses of moving averages:
5-Day Line (Attack Line): If the 5-Day Line is trending upwards and the stock price breaks above the 5-Day Line, the short-term outlook is bullish. Conversely, if the 5-Day Line is trending downwards and the price breaks below the 5-Day Line, the short-term outlook is bearish.
10-day line (short-term stop-loss line): The 10-day line serves as a short-term stop-loss line. When the stock pric

Today ETH, focus on 3936 and 3933, hold above 3936, if it doesn't fall below 3920 you can go long, if it doesn't hold above 3933 go short.