The cryptocurrency market is ever-changing, and many friends are trapped by ETH around $3,550, feeling anxious and uneasy. But don’t lose heart, Brother Te brings you solutions to help clear the gloom!
Recently, the market has been highly volatile, with nearly 184,000 liquidations in the digital currency market within 24 hours, amounting to $755 million, and ETH saw about $267 million in liquidations in 4 hours. However, there are many long liquidations and a considerable proportion of bullish positions, indicating that the market still has optimistic players, and hope remains.
Brother Te will share several ways to recover your positions. First, averaging down your cost by adding to your position; if you have funds available, when ETH drops to $3,430 and other support levels, buy in batches to reduce your holding cost, but be careful to control your position and avoid going all in. Second, engage in swing trading; ETH prices are highly volatile, buy when it drops to relatively low levels, and sell for a profit when it rises to resistance levels, such as currently at $3,550, buy when it drops to around $3,480, and consider selling when it rises above $3,600, repeatedly operating to lower costs. Third, change your strategy and layout other cryptocurrencies; if you feel that recovering your ETH is slow, you can exchange some ETH for potential emerging blockchain coins or DeFi project tokens, but make sure to have a deep understanding of the market and avoid blindly following trends.
The cryptocurrency market is complex and ever-changing, and it is difficult for one person to face the challenges alone. Brother Te's team is your strong support; we are experienced and insightful, analyzing the market every day to provide the latest market interpretations and trading advice. For this ETH recovery, the team will explain the operating ideas and risk control methods in detail to help you avoid detours. We will also regularly organize online exchanges for everyone to share experiences, insights, and learn practical trading skills.
Friends, the road in the cryptocurrency world is bumpy, but as long as we hold firm to our beliefs, apply the correct methods, and leverage professional support, we can overcome difficulties, achieve wealth growth, and create brilliance together in the wave of cryptocurrency!
Brother Te's daily sharing, the team behind only serves ambitious madmen, feeding you the 10x coin password directly: #ETH #加密市场反弹
