ETH is currently fluctuating around 3420. From the hourly and 4-hour charts, it has entered the typical end of a converging triangle for a trend change. In the next 48 hours, it is highly likely to choose a direction.
First, the overall direction:
ETH is still operating within a box structure in the short term (support at 3350, resistance at 3480). As long as the price does not break these two levels, the outlook remains one of fluctuation; do not easily short or go long.
My strategy:
First plan (conservative): Buy on a pullback to 3370~3390, with a target of 3470-3480 and a stop loss set below 3350.
Second plan (breakout type): If there is a strong breakout above 3480, go long with the trend, targeting 3500-3580.
Short positions are not currently considered unless the price breaks below 3350 with strong volume; otherwise, the focus remains on long positions.
Note:
The market may seem boring, but it is actually brewing opportunities.
If you wait until you see a spike of 50 dollars to chase, you'll always end up as the bag holder.
I have completed my actual trading layout for today.
Whether you can make a profit depends on whether you believe in this rhythm.
Stop staring at the charts and guessing; the market keeps moving, but those who truly make money are the ones who have a plan, discipline, and strategy.
