ETH Market Analysis (Beginner's Version)
Where is ETH now? Key positions to look at are these 3 numbers!
Current Price 2558: Stuck in the 'Middle Zone', bulls and bears are battling in the '2555-2603' range; whoever wins will lead the next move!
Safety Line 2374 (Weekly Level): Falling below here = bears gain strength, possible big drop; holding above = continue to oscillate.
Ceiling 2603 (4-Hour Level): Breaking through = bulls counterattack, failing to break = continue to pull back.
Should we buy up or buy down now? (Simple Strategy)
✅ For those wanting to short (thinking it will drop):
When to buy? When the price rebounds to 2562-2571 (close to the 'floor' at 2555), or directly falls below 2555 (floor breached).
How to buy? Split into two purchases, with a maximum loss of 3% each time (for example, if the principal is 10,000, lose 300 and run immediately).
Target sell points: First aim for 2530, second aim for 2503, sell when reached!
✅ For those wanting to go long (thinking it will rise):
When to buy? When the price falls to 2510-2496 (middle 'support cushion'), or falls to 2470-2450 (stronger support).
How to buy? Similarly, split into two purchases, buy a bit when it drops near the support level, stop immediately if losing 3%.
Target sell points: First aim for 2560, second aim for 2600 (near the ceiling), sell when profited!
Key Reminders (Must Remember for Beginners!)
Light Position! Light Position! Light Position! Only use funds within 20%, so losses don't hurt and profits don't make you greedy.
Must set stop-loss! Regardless of whether buying up or down, think in advance about 'maximum loss', and cut losses immediately when reached (don't fantasize about recovering losses).
