10.25 Futures Market Update | Bulls and Bears Pulling, Key Levels Marked!
Yesterday, the futures market experienced a "high pullback" drama🎢, peaking around 4020 but lacking momentum afterwards, with a midnight low dipping to 3865, currently entering a consolidation phase.
Core Interpretation
1. Daily Chart: A small bullish candle with a long upper shadow indicates heavy selling pressure above, overall presenting a weak oscillating pattern, but the bearish force is decreasing, releasing some positive signals.
2. Hourly Chart: Prices are stuck in the middle, with limited support from the trend line around 3880.
Operational Strategy📈📉
Currently, there is no clear unilateral signal, it is advisable to adopt a "short high, long low, wait in the middle" strategy.
- Short Position: Entry can be made in the 3980-4000 area above, with a stop loss above 4020.
- Long Position: Entry can be made in the 3820-3800 area below, with a stop loss below 3780.
Remember the mantra: whoever arrives first, goes with that one! #ETH #以太坊合约
