ETH 8.17 Trend Analysis: Bottom Fluctuation, Gradual Long Position Layout
Looking back at 8.15, we accurately indicated to short around 4674, with the actual high point at 4670.23. Most targets were perfectly achieved, only 4346 was not reached. The original plan to long at 4346 was not executed, as the market quickly dropped to 4364, currently in a bottom fluctuation.
Now adjusting the long position strategy
To enter long at 4309.67,
set stop loss at 4264.32,
additional buying can be done around 4284.
Special reminder, if the trend starts to rise, it must pull back to the 4384 - 4309 range, do not blindly chase orders out of anxiety of missing out. Strictly adhere to the additional buying discipline, do not chase orders unless the target level is reached, and exit all positions if it breaks 4264!
Currently, it is the bottom fluctuation accumulation phase, entering long positions in stages, waiting for reversal confirmation, seize the investment opportunity at $ETH .
