#以太 Evening Market Analysis!
During the day, it broke the new low to the position of 4192.01, with a small rebound in the evening to around 4300, still looking at whether the US stock market opening can drive the market to continue rising.
From the perspective of short-term volatility trading, it is currently not recommended to short Ethereum, which has already dropped significantly; it is better to focus on buying at the bottom. If Ethereum can effectively stabilize in the range of 4200-4000, then it is still possible to see the 4600 position in the short term.
In an unstable market, it is advisable to maintain a wait-and-see attitude, waiting for the market to establish a trend before looking for trading opportunities; trading requires patience!
Evening Trading Suggestion: After the US stock market opens, if it retraces to around 4200, you can take a small long position with a stop loss around 4150, targeting the 4380 level.
For suitable entry points, Lao Jiu will notify you immediately. For those without direction, you can follow Lao Jiu. Let’s operate steadily and profit together!!!
