$ETH 🔥 ETH Market Analysis & Trading Strategy🔥
Current Trend:
- ETH has been consolidating in the **1730-1860** range for 8 days, if it cannot break through, it may continue until next month.
- The monthly line is about to close, and the expected volatility will not be too large, the trend is unclear, and the difficulty of operation is high.
Key Levels & Response Strategy:
✅ Breakthrough 1860 → Consider chasing the rise (suitable for light positions)
✅ Break below 1750 → Possible drop to 1680 (can buy in batches)
⚠ Before the range is broken → Sell high and buy low, but it is easy to be shaken out repeatedly, operate with caution!
BTC Correlation Impact:
- BTC is currently also in a strong pressure zone, but there has been no significant decline, leading to an overall unclear market direction, making short-term trading difficult.
Position Management Suggestions:
🏦 For heavy positions → Can take partial profits near 1830 to reduce risk
💡 For light positions → Wait for the breakthrough at 1860 before following up, to avoid being shaken out by volatility
📌 Summary: The market is volatile, the trend is unclear, control positions, and wait for key breakthroughs!
Orange continues to monitor market analysis, accurately grasp market trends, and position at suitable points to take action immediately with Orange to seize this wave of wealth opportunities🚀🚀🚀