♠️ ETH/USDT 1-day market analysis: Near the key resistance level, the long-short game is fierce ♠️
Ethereum players, the market is at a critical moment, let us analyze it in depth!
🃏 Market Overview:
• Current Price: 2359.1 USDT
• Key Support: 2323.7 - 2348.0 USDT
• Key Resistance: 2399.0 - 2474.5 USDT
♣️ Long Strategy:
1. Entry: 2359.1 - 2374.0 USDT
• Reason: The current price is at the intersection of long and short positions, and there is a chance of upward attack if it breaks through
2. Target:
• Conservative: 2399.0 USDT (+1.1% to +1.7%)
• Intermediate: 2474.5 USDT (+4.3% to +4.9%)
• Aggressive: 2550.0 USDT (+7.5% to +8.1%)
3. Stop Loss: 2323.7 USDT (-1.5% to -2.1%)
• Falling below this level may trigger a large number of long orders to be liquidated, so stop loss in time
♥️ Short strategy:
1. Entry: 2399.0 - 2474.5 USDT
• Reason: Close to a large number of short orders, which may form short-term pressure
2. Target:
• Conservative: 2359.1 USDT (-1.7% to -4.7%)
• Intermediate: 2323.7 USDT (-3.1% to -6.1%)
• Aggressive: 2248.2 USDT (-6.2% to -9.1%)
3. Stop loss: 2550.0 USDT (+3.1% to +6.3%)
• Breaking through this level indicates that the upward trend is established, so stop loss decisively
♦️ Risk warning:
• The risk of a single transaction is controlled within 2%
• Pay close attention to the long order concentration area near 2323.7, which may trigger a chain reaction
• Pay attention to market sentiment and major news related to Ethereum, such as upgrade progress, etc.
🃏 Advanced players:
• Consider grid trading in the 2359.1-2399.0 USDT range to grasp the volatile market
• Pay attention to changes in high leverage positions (50x and 100x), which may indicate market trends
As the leader of smart contract platforms, Ethereum's price trend affects the entire DeFi and NFT ecosystem. It is currently at a critical breakthrough position, and the future market trend is of great significance to the entire market. Dear players, what do you think of ETH's future? Can it break through 2500 and set a new high? Feel free to speak in the comment area!