9.7$ETH Strategy and Analysis
Today is Labor Day in China, US stocks are closed, and there is no trading throughout the US session. Liquidity is relatively thin, making it easy to see spikes and narrow-range fluctuations. Avoid heavy positions and blindly opening trades. Continuing the weekend range-bound market, the MACD on the larger timeframe is closely aligned with the zero axis, while the MACD on the smaller timeframe is below the zero axis. Bollinger Bands are tightening, so shorting has a better advantage.
Trading suggestion: Buy within the range (continue the weekend strategy)
Entry range: 2460-2480
Stop-loss defense: 2445
First target: 2510
Second target: 2530
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