Ethereum (ETH) Trading Strategy Guide on May 2nd
Wishing everyone a happy May Day holiday, remember to balance work and rest! The market yesterday was profitable, today’s trading strategy is as follows:
1. Key points for 1-4 hours
- 1-hour level: Focus on the support level of 1822. If it stabilizes after a pullback, it is expected to initiate a volatile upward trend.
- 4-hour level: 1808 is an important support. If stabilized, it will attack 1822; if this point is lost, beware of a pullback turning to bearish risk.
Key points for long and short positions
- Support level
- Short-term: 1810-1800 range (consider entering if 1815 stabilizes)
- Rebound: 1755-1765 range (consider planning in advance if 1775 stabilizes)
- Strong rebound: Focus on 1700-1720
1. Key points for 1-4 hours
- 1-hour level: Focus on the support level of 1822. If it stabilizes after a pullback, it is expected to initiate a volatile upward trend.
- 4-hour level: 1808 is an important support. If stabilized, it will attack 1822; if this point is lost, beware of a pullback turning to bearish risk.
Key points for long and short positions
- Support level
- Short-term: 1810-1800 range (consider entering if 1815 stabilizes)
- Rebound: 1755-1765 range (consider planning in advance if 1775 stabilizes)
- Strong rebound: Focus on 1700-1720
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ETH
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