Ethereum Intraday Trading Strategy!
This morning, Ethereum touched near the support at 2380, with a pin bar and increased volume closing. There is significant capital support around 2380 in the short term, which can serve as a key long position defense for the day!
Operate within the 2350-2530 range for Ethereum, considering going long around 2420-2410, with a defense zone at 2370.
Tonight's PCE price index is very likely to be positive. Based on recent data releases and Powell's speech, a rate cut in September is basically a done deal!
The bottom-fishing capital for ETFs is currently all in BTC. It's prudent to wait for a BTC pullback to enter directly; it has small fluctuations but is relatively stable! (Suitable for fans who don't like to watch the market frequently)
There are not many operational opportunities in altcoins; still holding onto previously reduced positions in UNI and STX!
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