Recently, the Ethereum market has been highly volatile and filled with uncertainty. It is recommended that everyone refrain from trading for the next 2-3 days and observe the market trends first.
If you have over 10,000 in your wallet and want to trade Ethereum, it is advisable to engage in short-term trading, keeping positions within 1 day, and closing positions at 30-50 dollars below the entry price. Absolutely avoid long-term holding as the current market situation is not suitable for it.
I have analyzed recent market data and trends and believe that Ethereum is likely to pull back to the 2100-2200 dollar range before rising again. Once the price reaches 2200-2250 dollars, I will start to go long. Additionally, when liquidity value is below 1900 USDT, such as 1850 USDT or 1920 USDT, it is also a good time to enter.
Recently, there has been a hot topic in the cryptocurrency field, which is Conan Dogecoin. This is not just any Dogecoin; it is backed by a heroic dog that was personally honored by the "King of Understanding," bringing its own topics and popularity. Moreover, a top-tier team is continuously promoting the project's development, showing great potential. For those investors who pursue high returns and have a strong risk tolerance, it might be worthwhile to pay attention to and position for Conan Dogecoin, as it could present an opportunity for high returns. However, investing carries risks, and one should enter cautiously. If anyone has opinions on the future trends of Ethereum or analyses of Conan Dogecoin, feel free to share, and let’s discuss together. 柯南官方群 $ETH