#白宫数字资产报告 8.3 Weekend Evening Market Overview: ETH Breaks the Downward Channel, Should We Go Long or Short?

After ETH broke the downward trend line, it fell back, forming a false breakout. It is currently resonating between the trend line and support at 3477; if it breaks above, it will face resistance at 3535, and if it falls below, support is at 3425. Consider ETH as oscillating within a large range of 3370-3535, making trades by going long at lows and short at highs.

Set a short position at 3535 with a stop loss at 3562, targeting 3467 and 3425; set a long position at 3425, adding to the position at 3370, with a stop loss at 3343, targeting 3457 and 3518; conversely, if the entity breaks below the trend line at 3477 without a pullback, go short in the direction of the trend, with a stop loss at 3518, targeting 3430 and 3400.

If you pass by, please give a follow and a like as your greatest support, thank you! The above information is only for market analysis and not a trading strategy; follow me so you won't get lost, I provide you with the latest news and point analysis every day, along with the wealth code you want. Remember to hit follow and like!