Last night, Ethereum exhibited a天地针 pattern, with market volatility intense. It has now entered a clear correction phase, searching for new support levels. Today's trading approach doesn't need to be complicated—focus on holding key levels.
Bullish perspective: Focus on the 4-hour chart. If this 4-hour candle continues to decline but closes without breaking below the lows of the previous two candles (ideally staying above 3150), then consider a small long position. Place the stop-loss at the lowest point, with an initial target of 3360. Once profits are realized, start taking profits in batches, moving the stop-loss upward each time a new high is reached, and take profits when the market shows signs of reversal.
Bearish perspective: When the 4-hour candle closes below 3150, or if it breaks below the lows of the previous two candles, wait for a second retest before entering a short position. Similarly, move the stop-loss downward each time a new low is made to protect gains. Take profits in batches at 3100, 3050, 3000, 2920, 2880, 2850, 2820, 2780, and exit gradually, depending on where the market reaches.
The key is to be patient, wait for confirmed signals before acting, and avoid guessing tops or bottoms prematurely.
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AltcoinTherapist
· 2h ago
The 3150 barrier is really tough, and last night's spike directly scared off a wave of people.
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SchroedingerMiner
· 16h ago
This level at 3150 really blocks people; let's wait for the signal.
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LiquidatedTwice
· 01-09 12:50
This 3150 hurdle is really critical; breaking through it will determine life or death.
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WagmiOrRekt
· 01-09 09:09
This 3150 is really the line of life and death. I'm just waiting to see if it breaks or not; otherwise, I'll have to chase higher tomorrow.
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MainnetDelayedAgain
· 01-08 02:58
Wait a moment, let me count the take-profit levels again... How much time has passed since the last analysis and prediction? What is the probability that this set of logic holds true statistically?
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StillBuyingTheDip
· 01-08 02:58
This 3150 barrier is really crucial. Break through it and you'll go to the moon; hold steady and you'll have a small test. I like it simple and straightforward.
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RugDocDetective
· 01-08 02:58
If you can't hold this critical position at 3150, you will have to run directly.
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MidnightTrader
· 01-08 02:56
The 3150 threshold is really stuck, let's see if we can hold it today.
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VirtualRichDream
· 01-08 02:54
Holding this crucial position at 3150 is the key; whether it can be maintained is decisive. Betting on the right direction is less important than betting on the right position.
Last night, Ethereum exhibited a天地针 pattern, with market volatility intense. It has now entered a clear correction phase, searching for new support levels. Today's trading approach doesn't need to be complicated—focus on holding key levels.
Bullish perspective: Focus on the 4-hour chart. If this 4-hour candle continues to decline but closes without breaking below the lows of the previous two candles (ideally staying above 3150), then consider a small long position. Place the stop-loss at the lowest point, with an initial target of 3360. Once profits are realized, start taking profits in batches, moving the stop-loss upward each time a new high is reached, and take profits when the market shows signs of reversal.
Bearish perspective: When the 4-hour candle closes below 3150, or if it breaks below the lows of the previous two candles, wait for a second retest before entering a short position. Similarly, move the stop-loss downward each time a new low is made to protect gains. Take profits in batches at 3100, 3050, 3000, 2920, 2880, 2850, 2820, 2780, and exit gradually, depending on where the market reaches.
The key is to be patient, wait for confirmed signals before acting, and avoid guessing tops or bottoms prematurely.