$ETH 8.20 Current Status of Ethereum No. 4297 at 23:26, up 2.16% in 24 hours, today's highest point converted to 4306.
MACD turned positive at 10.49, short-term trend is strengthening, but has approached a strong resistance zone for the day.
Key Position Reminders:
Upper pressure and resistance levels:
4306, the recently rebounded previous high, immediate resistance.
4350, important psychological level and previous high pressure.
Lower support (pullback buy level)
4250, short-term support.
4200, daily level support, at MA25 moving average.
4166, strong support at MA99 moving average.
🤔 Operation Suggestions
If you haven't entered and want to buy long:
Avoid chasing highs, the current price is not suitable for opening new long positions, ideally set buy orders in the 4250-4230 range.
Be sure to set a stop loss, suggested at 4180.
If you already hold long positions, consider taking partial profits at 4300-4320, leaving a core position for higher levels, but you must strictly maintain a breakeven stop loss.
If you want to open a short position:
The current trend does not recommend shorting against it; if you really want to try, only lightly short in the 4340-4350 range, and must set a stop loss at 4380.
💡 Important Reminders
1. Pay attention to trading volume, currently at 209,000 ETH, in line with recent averages, no breakout in volume.
2. Monitor the subsequent trends of U.S. tech stocks, volatility increases after 23:30.
3. Gas fee recommendations, choose periods when Gas < 35 Gwei for operations.
4. Risk control, do not exceed 2% of the principal in a single trade.
Nighttime operation mantra:
Don't chase highs near resistance, gradually build support on pullbacks.
Set stop losses and take profits in advance, preserving profits is the most important.
The market is ever-changing; for precise entry points and strategy references, please leave a comment below! We will provide you with the best advice.