ETH
Technical Analysis
1. The daily chart achieved its first 7 consecutive gains of the year, with a significant increase in volume and good price-volume synergy.
2. The price has broken through fibo0.618, officially reversing the long-short position—spatial calculations have completed a 1:1 structure.
3. The short-term surge has made the upward slope too steep; the bulls remain strong, but while pursuing profits, one must always be vigilant against potential pullbacks when extremes are reached.
4. The concentration of chips at the +3200 integer level + MA20 (BOLL mid-track) overlap can serve as key references for buying on a pullback.
Trading Strategy
Long Position: Buy in batches around 3200——3100, average price 3150, stop loss at 3050, target around 3300——3400 (short-term——pullback strategy).
Long Position: Buy after breaking 3400, stop loss at 3350, take profit at 3500——3600 (ultra-short——aggressive).
Note: Currently, it is quite challenging to go long at high levels; market sentiment FOMO will eventually occur. There are mainly issues of missing out and fear of heights, but the strong bullish opportunities have not provided ideal entry points, thus traders can only be forced to chase after continuously refreshing highs; for aggressive traders, strictly control position and leverage, adhering to a quick in-and-out strategy.
The above suggestions are only applicable to aggressive traders who are currently flat; holders of low-position long positions can steadily reduce holdings on highs to lock in profits.
Important data will be released this Wednesday and Friday, and volatility may further increase; risk control is the primary principle.
The above views are for reference only; pay attention to position and risk control. #加密货币总市值破3万亿美元 #ETH🔥🔥🔥🔥