#ETH突破3600

7.20 Weekend Market Overview: ETH Long Position Profits

Yesterday, after breaking through 3550 on the weekend, I chased a long position, and this morning I took profit at 3621, gaining 71 points.

Currently, both 3630 and 3674 are resistance levels above; choosing to short is definitely a viable option, while chasing long after breaking through 3630 is also correct. Therefore, there will be two options: chasing long and short; it is more appropriate to choose one rather than hedge.

Based on volume-price divergence and resistance conditions, short positions are the preferred choice; opt for a short position after a right-side breakout followed by a false breakout, with a stop at 3674 and targets at 3571 and 3534; for low long positions, ambush at 3477, with a stop at 3425 and targets at 3550 resonance and 3598;

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