$ETH
Ethereum's recent volatility has reached 5%! It's a psychological barrier at the previous high!
For those looking to short around the 4650 position, set a stop-loss at 4720, but wait for Ethereum to pull back to 4700 before considering a manual stop-loss.
Looking down, the take-profit level is 4600; you can wait for it to drop to around 4630 to close 60%, locking in profits.
We can also wait for Ethereum to pull back to around 4620 to enter long, adjusting the defense level to 4580.
Looking up, the first take-profit level is 4690; at this position, you can close 30% to 40% to secure most of the profits, and the second take-profit level is 4720.
There are professional strategies for getting out of losses, especially focused on medium to long-term waves. Brothers who are stuck can take a look.