Hey everyone, the ETH market has been incredibly volatile these past two days! The market has been like a roller coaster, with prices surging up and down. Many people have been caught out by surprise. I've noticed that many people jumped in when ETH prices surged and then fell back, only to be completely wiped out.
While market shakeouts are terrifying, they also present opportunities. During these periods, we must remain calm and analyze the market. Pay close attention to ETH's support and resistance levels. For example, the recent support level is around $4,100. If the price doesn't continue to fall sharply and instead shows signs of rebounding, it could be a good time to buy on the dip. Meanwhile, the resistance level is around $4,600. If it encounters resistance there, it might be time to reduce your position and wait and see.
Also, volume is crucial during a market shakeout. If volume gradually shrinks, it suggests that selling pressure is easing and a market reversal is imminent. If you are still stuck, don't blindly sell or cover your position. You might as well send me your position and entry point. Let's study it together and find the right time to get out of the trap. Maybe you can even make a profit. #加密市场回调 #杰克逊霍尔会议 #BNB创新高 #加密市场回调 #美联储7月会议纪要