ETH 1. Weekly low support has been verified multiple times (triangle upper edge + fibo0.618 + rising trend line). If the market falls back in the future, you can seize the opportunity to arrange spot positions in batches.
2. Daily volume rises, volume and price are healthy, and the rebound in the future needs to be amplified.
3. The wave theory has completed 8 waves, and a new wave 1 is currently being constructed. The upper pressure focuses on the strong pressure level of 2800-2900.
4. The Fibonacci trend timeline shows that this week will usher in a band change window (near 1.618). According to the pressure level, it is more suitable for band short positions. 5. In the 4H chart, you need to pay attention to the channel trend and the ascending triangle. The former's long limit position is around 3000, and the latter focuses on the recent high point. If it fails to break through, it is more likely to return to a sideways trend. Traders tend to sell high and buy low.
Trading strategy 1. Sell high and buy low: around 2500-2720, stop loss is also 60 points, and the target is more than 100 points
2. Band short order: short in batches from 2830 to 2900, stop loss 3000, target 2550 to 2300. Note: The correct grasp of the overall direction in the near future mainly depends on the actual transaction. For the transaction problem, the points can be treated flexibly according to the strategy analysis. For example, if you go long near 2500, you can reserve 5 to 15 points for the transaction, or you can adopt a batch layout in the transaction, which mainly depends on the position allocation for each purchase. The above views are for reference only. You are responsible for your own transaction risks. Pay attention to position and risk control. $ETH