⚔️ $ETH has reached the watershed! The choice at this point determines the direction of the next phase
Current price 2,628, basically flat over the past 24 hours, ranging and consolidating. Why is it a watershed? Three reasons:
1. Location: The 2,500 to 2,750 range is the most densely contested zone between buyers and sellers in the recent period, and the price is hovering right in the middle.
2. Correlation: $BTC (current price 80,898, -0.3% over 24 hours) chooses the direction first; Ethereum is very likely to follow—if the big brother doesn’t move, the little brother shouldn’t run ahead.
3. Timing: Only after a breakout with increased volume above 2,750 is it a confirmation signal; if it grinds down with decreasing volume to below support, that’s the hard proof of weakness.
📋 My trading plan (personal thoughts only, for reference):
Entry: around 2,500, split into 2–3 batches
Position size: ≤10%, contract leverage not exceeding 3x
Take profit: target 1 at 2,700; target 2 at 2,750
Stop loss: 1.5% below 2,500; if it breaks, don’t hesitate
Reason: The odds for going long are better near the lower end of the range, and if wrong the loss is still controllable.
Do you think this time Ethereum will go up or down? Leave your call in the comments!
#ETH #以太坊 #CryptoMarket
⚠️ NFA, DYOR. Personal analysis notes only, not investment advice.
Current price 2,628, basically flat over the past 24 hours, ranging and consolidating. Why is it a watershed? Three reasons:
1. Location: The 2,500 to 2,750 range is the most densely contested zone between buyers and sellers in the recent period, and the price is hovering right in the middle.
2. Correlation: $BTC (current price 80,898, -0.3% over 24 hours) chooses the direction first; Ethereum is very likely to follow—if the big brother doesn’t move, the little brother shouldn’t run ahead.
3. Timing: Only after a breakout with increased volume above 2,750 is it a confirmation signal; if it grinds down with decreasing volume to below support, that’s the hard proof of weakness.
📋 My trading plan (personal thoughts only, for reference):
Entry: around 2,500, split into 2–3 batches
Position size: ≤10%, contract leverage not exceeding 3x
Take profit: target 1 at 2,700; target 2 at 2,750
Stop loss: 1.5% below 2,500; if it breaks, don’t hesitate
Reason: The odds for going long are better near the lower end of the range, and if wrong the loss is still controllable.
Do you think this time Ethereum will go up or down? Leave your call in the comments!
#ETH #以太坊 #CryptoMarket
⚠️ NFA, DYOR. Personal analysis notes only, not investment advice.