With such a good market for Ethereum, why can't retail investors operate? This article is enough!
Good morning, brothers! Recently, before the price clearly breaks through or falls below key ranges, it is recommended to focus on swing trading.
Currently, $ETH has a daily fluctuation range stable at over 100 dollars, providing enough space for short-term trading. Retail investors with certain trading skills may consider synchronously placing long positions within the existing range, using rolling operations to expand profit space.
From a technical perspective, there is significant resistance near 4670 dollars above, and after multiple unsuccessful tests at this position, it may form a phase top. Below, 4350 dollars is an important support level. If this defense line can be effectively maintained, the short-term oscillating upward pattern is expected to continue.
In terms of operation, strict stop-loss settings are necessary, and it is crucial to pay attention to the breakthrough situation of these two key points. Once effective breakthroughs or breakdowns occur, trading strategies need to be adjusted promptly.
Are you trapped? When to buy the dip? Still the same saying, if you feel confused and helpless and don’t know what to do, click on my avatar to follow me. I need fans, you need references; guessing is not as good as following!
