默默公主kelly

9-6 ETH
The weekly chart is forming a bearish pattern. Is the ETH crash starting?

5000 5000, too many people are looking at 5000, so I personally think: the whale's mindset is either not reaching 5000 or must strongly break through 5000. At present, it seems the whale's choice is not to reach 5000. It peaked at 4958 before starting to fall back.
Half a month has passed since the last big bearish candle, indicating that this week could be bearish, bullish, or volatile.
Currently, a critical watershed is around: 4585-4620. If it cannot reach here or go up, there will be another drop.

Looking at the market in recent days: 4250-4490 has been volatile for too long. It must either break upward or downward.
Every time it approaches 4489, it quickly falls back, and BTC also had a peak and drop yesterday. This indicates one problem: weak, still weak.

Since it is weak, do we have a chance to enter?
From today’s perspective, the ultra-short watershed is in the range of 4373-4415. Thus, approaching this position, we can try a small short position.
Below, the critical position is around 4230-4196 (in a relatively weak situation, it can be either long or not long), or in other words, watching the market decides whether to go long or run fast.
Overall, if we don't stand above 4373-4415, we should treat it as relatively weak.
Personal opinion, for reference only.
Currently, my personal positions are:
A short at 4948.
A short at 4347 (this depends on the situation to add or withdraw) #币安HODLer空投OPEN $ETH

Pay attention to market changes today and tomorrow

Share a few tips for trading Ethereum.
First: Don't rush to take a short position. For example, with ETH yesterday at 4204, it started to rise, and as news came out, it shot up to 4595. At that moment, if you want to short, a small stop-loss of around 40 dollars is sufficient, because: if it's going to drop, it will drop. If it doesn't drop, it will definitely accelerate. After all, it's so close to the previous high.
The best approach is: hold a long position and consider shorting, since the long position is profitable, and profitable positions should be held patiently. Manage your short position with a stop-loss, and try it out.

Second: ETH has a strong trend; when it rises, it tends to accelerate further, and when it falls, it also tends to accelerate downward. Therefore, position sizes should not be heavy. Occasionally clear out longs and shorts.
In my opinion: for ETH contracts, taking 100x leverage as an example, the maximum position should be 6%. Because a daily fluctuation of 10 points is not uncommon, and a daily fluctuation of 15 points is even rarer. Hence, controlling the position within 5-6% is relatively safe. Of course, if you can manage your stop-loss well, 10-15% is also feasible.

Third: When trading ETH, find the tipping points and important ranges. Trade at significant levels with small stop-losses, for example: the range of 4065-4000. The range of 4850-4880.
Of course, finding important ranges requires technical skills.

Fourth: ETH is essentially an altcoin. If you enjoy its volatility, you must accept its sudden strength or sudden weakness.

In summary: Trade with the trend, focus on important levels, keep position sizes light, and generally, trading ETH is not difficult for making profits.
This is a personal view for reference only. $ETH

Really, no need to fuss too much,
Just hold on, that's enough.
By the way, 4888 has a small gap. $BTC

Hold on.
However, 4370-4414 is all a reduction area #杰克逊霍尔会议 $ETH

The small short mentioned in the night session has a small profit
Not much.
There will still be fluctuations today.
Everyone can reduce holdings or protect part of the capital.

Reached near the peak, consider reducing long positions.

8-6 Weak Oscillation Market
High Points: 1144 1153 1158
Low Points: 1131 1127 Prevent 1113
Overall weak, currently a small rebound here at 1127,
if the rebound is below 1153, it is likely to have lower points again.
In terms of operation, focus on high points, with small long positions as a supplement.
Personal opinion, for reference only #加密股IPO季 $BTC

Still a relatively weak oscillation

8-3 Today is easy to rise 📈