Morning Ethereum Market Analysis! If you want to profit, you have to take it step by step!
Last night before the US stock market opened, ETH had a brief surge! It reached 4370! This also allowed the meteor to bring fans a wave of profits!
Currently, the upward potential for ETH is still quite large. The meteor's trading suggestion is to place a buy order at 4280, and do not rush in just because you see an upward trend! Keep your position light, with a defensive position at 4250! If you're a bit more aggressive, you can increase your position at 4250, with a stop at the new low of 4219!
The V-shaped trend is still quite strong, and you can take profits on this trade when it doubles! Don't be greedy for a few points and let your profits retrace!
