1. Market Trend Analysis
Currently, Ethereum is at a critical technical node. In the short term, a pullback is expected around 8 o'clock today, following Bitcoin. This pullback signal at this point is worthy of attention, especially for short-term traders.
The medium-term trend indicates that the weekly level is expected to break the current oscillation range this week, while the monthly line's bullish crossover has already formed, indicating that the medium to long-term bullish pattern remains solid. It should be noted that after the monthly line opens, it may first dip to the support level before starting a rebound.
2. Key Positions and Operational Strategies
At key positions, there is a significant amount of trapped positions in the $4450-$4600 range, resulting in heavy selling pressure in this area. The important support level below is in the $4150-$4250 range, which is the target area for the zero axis of the 4-hour double trend line, and also an important support at the monthly level.
In terms of operational advice, short-term traders can lightly short in the $4450-$4600 range, targeting the $4150-$4250 area. Medium to long-term investors can gradually position long orders in the $4150-$4250 support area.
3. Trading Precautions
Recently, the market has shown obvious characteristics of 'oscillation washing', which is wearing down investors' patience and triggering greed. Special caution is needed against the 'no volume V rebound' lure, as this trend can easily trap investors in a situation of unrealized gains turning into unrealized losses.
In terms of trading philosophy, it is advised to avoid getting caught up in high-frequency trading within oscillating markets and not to chase small-level rebounds. Focus should be on high-risk-reward opportunities such as large-level top divergences, adhering to the principle of trading with the trend.
4. Risk Warning
Currently, the market's pin rate is quite fast, and the technical aspects can easily become temporarily ineffective, so position control must be strict, and risk management should be prioritized. Investors need to remain vigilant to avoid being misled by short-term market fluctuations and stick to their trading systems.
Conclusion
Overall, Ethereum faces short-term pullback pressure but the medium-term bullish trend remains intact. Investors can seize the opportunity to position as it pulls back to support while maintaining patience to avoid being washed out of the market by oscillating conditions. Remember, in this market, surviving is more important than making quick profits. #币安HODLer空投DOLO #ETH走势分析 #比特币巨鲸换仓以太坊 #机构筹资布局SOL #币安钱包TGE $CFX $ENA $ETH
