$ETH $ETH Morning Ideas
From the four-hour level, the trading volume has decreased significantly, clearly indicating that the upward strength is constantly diminishing, which means that a correction is very likely to occur in the short term. Despite this, the market is still moving within the established upward channel, and the lower edge of the channel is providing strong support to the market.
Based on the previous analysis, it is suggested that when the market bounces near the upper edge of the channel, one should consider adopting a short-selling strategy to take advantage of the opportunities presented by the correction. This morning's strategy focuses on short selling on bounces. However, it is important to note that the market has a great deal of uncertainty, so when trading, it is essential to set a stop loss to prevent potential risks.