ETH Today's Trading Tutorial:
Below are three trading strategies for today's ETH market.
Assess risks personally and pay attention to position management!
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1. Conservative Strategy: Range Trading
Long Conditions:
When the price falls back to the $2640–$2650 range and shows a lower shadow (indicating strong support).
Entry: Lightly enter long
Target: First aim for 2663, if broken through, look towards 2700
Stop Loss: Exit if it drops below 2635
Short Conditions:
When the price rebounds to the $2663–$2670 range and stalls, showing stagnation signals.
Entry: Lightly enter short
Target: Aim back for $2650–$2640
Stop Loss: Exit if it breaks above 2675
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2. Breakout Strategy: Follow the Trend
Upward Breakout:
If the price breaks above 2663 with volume and stabilizes, you can follow in long.
Target: 2700 → 2750
Stop Loss: Exit if it falls back to 2650
Downward Breakout:
If the price breaks below 2640 with volume, it may further decline.
You can short: Target 2600
Stop Loss: If it rebounds back to 2650, exit the position
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3. Wait-and-See Strategy
If the price remains in a narrow range of $2640–$2663 for a long time, with fluctuations less than 1%, it is recommended to wait and see for a clear direction.
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Risk Control Reminder
Keep the risk of each trade within 2% of your principal, strictly adhere to stop-loss, and avoid expanding losses.