#ETH Ethereum is currently around 3520. Is it a trap? Or an opportunity?
Many people have asked me during this drop: Can we still get on board with Ethereum?
I will say just one thing:
Today is a watershed moment.
The trading volume has not surged.
Two positions today are very crucial.
Going long? Wait for a signal before acting; don't rush in blindly.
Going short? You need to preemptively 'set a short', otherwise you risk getting caught at the top of a rebound.
The safest strategy? Wait for my 'K line' to appear, a strongly certain 'lock-in K'.
To be honest, the current market does have opportunities; it's just that you can't understand them!
The hints will tell you —
Whether you can trade today, how to trade, and where the points are.
Support/Resistance reference levels
Short-term support: 3460~3480 area; breaking below may trigger a chain stop loss.
Strong support: 3420 line; if it holds, there is still room for action.
Upper resistance: Around 3565/3580, it's a resistance zone but could also be a breakout initiation point;
Secondary strong resistance: Above 3635; if it breaks through today, this is not a fluctuation, it's a breakout!
Real trading is not about 'having the right direction',
but about 'keeping the right rhythm',
If the rhythm is off, the direction is also wasted.
