In the Ethereum market over the past few days, the liquidation heatmap reveals the market's volatility and capital flow, particularly between July 21 and July 23, where frequent liquidations occurred within the price range of 3700 to 3800.

Operational Suggestions

Focus on liquidation pressure points: The high-frequency liquidation range between 3700 and 3800 is worth paying attention to. Investors should closely monitor price fluctuations in this range and consider short-term long or short positions when prices retract to this range. However, it is crucial to set strict stop-loss orders to prevent market reversals.

Avoid chasing highs: Current market volatility is significant, and chasing highs carries substantial risks, especially when nearing high-intensity liquidation zones, which can easily trigger pullbacks. It is advisable to patiently wait for prices to retrace to support levels before making decisions.

Position management and risk control: Due to the market's drastic fluctuations, it is recommended to maintain positions between 20% and 30% to avoid excessive losses from market volatility. Additionally, set reasonable stop-loss and take-profit points to ensure timely exit during market reversals.

Pay attention to market sentiment: In addition to technical analysis, macroeconomic data and news events may also affect market sentiment. Continuously monitor relevant information and adjust trading strategies accordingly.

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