ETH 4738 USD threshold holds hidden secrets! A must-see secret strategy before 4800 USD
ETH has recently surged and retreated, with 4738 USD becoming a key support level. The actions of the main players hold hidden secrets, and any underestimation could lead to being trapped. Short-term traders and swing players should pay attention:
1. Key Support Level
4738 USD has been tested multiple times; this is not only a short-term support but also a watershed for the bulls and bears. If it breaks down, the short-term pullback could extend to around 4600.
2. Main Player Trends
Recently, the trading volume in the key range has gradually increased, indicating that large players may be positioning for long positions or accumulating. The upward momentum is not stable, and blindly chasing highs can easily lead to losses.
3. Practical Strategy
Uptrend: If 4738 holds, short-term attention can be on the 4750-4780 oscillation opportunities, with light positions and profit targets set near 4800.
Downtrend: Entering again after breaking 4738 poses high risks; it's better to wait and look for lower support.
The short-term key points for ETH are clear. Players looking to position before 4800 should remember to use light positions and have profit-taking and stop-loss measures in place, following the trend rather than emotions.
Mastering the pace of the main players is essential for steady profits amidst fluctuations.
