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ETH Market Analysis and Trading Strategies
The strong rally in the morning led to a large number of short positions being forcibly liquidated, while the market experienced a quick pullback during the lunch break, causing many long positions to hit their stop-loss.
Currently, there are still unprocessed orders around 2800, and the market may experience another round of volatility.
Operational Suggestions:
1. The current price of ETH is around 2720, and you might consider establishing a bottom position long.
2. It is recommended to strictly control positions and avoid excessive leverage.
3. Specific stop-loss and take-profit levels are needed, feel free to message me for discussion.
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