ETH fluctuations intensify, how to grasp the key pressure zone of 4360-4390?
Bitcoin and Ethereum have recently shown similar trends, but ETH's volatility has significantly increased, presenting both opportunities and risks! After a quick pullback from a high of 4580 yesterday, it dipped to 4280 this morning, experiencing a wide fluctuation of 300 points. Blindly chasing highs and selling lows can easily lead to losses.
Key thoughts:
- Pressure zone focus on 4360-4390: If the current rebound faces pressure, consider gradually opening short positions, targeting around 4240.
- Risk control points: If it stabilizes above 4420, timely stop-loss is necessary to avoid false breakout risks.
Current market sentiment is sensitive, strictly set stop-losses, and refuse to hold positions!