【ETH 1-hour trend analysis】
In previous articles and live broadcasts, it was clearly stated that the future market will focus on long positions. As expected, ETH rose by more than 20% yesterday, crushing the short positions.
What to do next? Just pay attention to whether the long positions show signs of exhaustion after the sudden pull-up. The news of Ethereum ETF is expected to cause the two-bitcoin to continue to fluctuate upward until it lands. Therefore, before the head and shoulders top pattern comes out, it is still mainly low-long positions. As long as the future market can continue to set new highs, do not short positions at will. From the 1-hour trend, it can be seen that the short-term support level is 3720, 3910, so the strategy is low-long positions.
[Strategy]
Long positions near 3720, target 3810, 3900
In previous articles and live broadcasts, it was clearly stated that the future market will focus on long positions. As expected, ETH rose by more than 20% yesterday, crushing the short positions.
What to do next? Just pay attention to whether the long positions show signs of exhaustion after the sudden pull-up. The news of Ethereum ETF is expected to cause the two-bitcoin to continue to fluctuate upward until it lands. Therefore, before the head and shoulders top pattern comes out, it is still mainly low-long positions. As long as the future market can continue to set new highs, do not short positions at will. From the 1-hour trend, it can be seen that the short-term support level is 3720, 3910, so the strategy is low-long positions.
[Strategy]
Long positions near 3720, target 3810, 3900
