1. The current recommendation is to primarily long, focusing on tentative positions within the 1900-1750 range. The 1750 level is considered a key support and should not be broken. In the short term, the AB=CD ratio decline is expected to complete, creating room for a rebound. However, the daily chart remains under resistance at 2150, so the rebound should not be overly optimistic. A rebound does not equate to a complete reversal. The market is expected to remain weak and volatile at higher levels. The strategy is to buy low and sell high, and be wary of overextended rallies and false breakouts. 2. Position and Risk Management Recommendations: It is recommended to buy lightly around 1900-1750. After entering the market, dynamically adjust the stop-loss and take-profit levels based on the specific entry point. The stop-loss point can be set near the bottom of the lower shadow of the pinbar. The trading window is valid for about 2 days, emphasizing quick profit-taking and stop-loss. The first take-profit level for short positions has reached 1900, suggesting short-term profit-taking. Overall, it is recommended to operate conservatively and avoid excessive holding positions in the intermediate noise range. 3. Suitable for conservative short-to-medium term trading, focusing on "buying low and selling high" strategies within the bottom consolidation range. Emphasizing that "a rebound is a window to escape," it does not recommend chasing highs and lows or blindly holding positions. It is suitable for tentative position building based on pinbar and AB=CD patterns, combined with the expectation of an oversold RSI and MACD golden cross below the zero line. It is mainly about quick entry and exit, and should be wary of the volatility risk after the formation of the Vegas EMA death cross. It is not suitable for long-term holding by trend investors.
ETH: Summary of Community Discussions with the New Team of Crypto Big Brilliance (14:00:09 ~ 15:00:09)
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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