ETH 1H
Theoretically, there is some entangled relationship between ETH and BTC, with a general direction being consistent. However, during the calm consolidation period of BTC, ETH tends to experience significant fluctuations. At this time, although the mid-term direction is unclear, it does not hinder intraday trading.
Mid-term strategy: After a round of increasing positions, our cost is concentrated between 2600-2400, and the current direction is not very clear. Let's continue to hold. Unless it rebounds to 2300, all short positions will exit.
Short-term strategy:
Conservative: Short at the rebound of 2160 (Note: this cannot be used to increase positions in the mid-term strategy), stop loss 50-100, target 2000, 1900.
Aggressive: The current price level at 2000 is quite awkward. If it breaks below 1950, enter the market short at the chasing price, seeking a correct direction. Stop loss at 2000, targets 1900, 1860, 1820.
Theoretically, there is some entangled relationship between ETH and BTC, with a general direction being consistent. However, during the calm consolidation period of BTC, ETH tends to experience significant fluctuations. At this time, although the mid-term direction is unclear, it does not hinder intraday trading.
Mid-term strategy: After a round of increasing positions, our cost is concentrated between 2600-2400, and the current direction is not very clear. Let's continue to hold. Unless it rebounds to 2300, all short positions will exit.
Short-term strategy:
Conservative: Short at the rebound of 2160 (Note: this cannot be used to increase positions in the mid-term strategy), stop loss 50-100, target 2000, 1900.
Aggressive: The current price level at 2000 is quite awkward. If it breaks below 1950, enter the market short at the chasing price, seeking a correct direction. Stop loss at 2000, targets 1900, 1860, 1820.
