📢 $ETH Deep squat accumulation, is the "diamond pit" around 2210?
Review: Why have mainstream coins dropped like dogs?
Yesterday, ETH hit a wall at the hundred-dollar mark, facing a double whammy of macro liquidity tightening and long leverage liquidations. This slow bleed turning into a crash is essentially the market washing out weak hands.
Latest Analysis: Signs of a bottom starting to show
From the latest market snapshot, the daily chart has touched the lower Bollinger Band around 2,204. Although the 4-hour MACD is still in a death cross, the 15-minute chart is showing signs of bullish divergence, and a bounce is imminent.
Today's Trading Guide
Refuse to chase shorts: The current price is at 2,253, very close to a strong daily support level, making chasing shorts here a poor risk-reward setup.
Left-side positioning: I’ve decided to set my defenses around 2,210, with a stop-loss at 2,185. Since it’s dropped like a dog, let’s wait until this "dog" is sitting at the bottom before bringing it back home.
Take-profit settings: The first resistance to watch for a bounce is at 2,280.
☕ Insight
Trading is about finding logic when others are fearful. Yesterday’s profits are secured, today’s task is to protect the principal and patiently await that definitive "second test support" signal.
#ETH #以太坊策略 #暴跌分析 #合约交易 #风险控制
Review: Why have mainstream coins dropped like dogs?
Yesterday, ETH hit a wall at the hundred-dollar mark, facing a double whammy of macro liquidity tightening and long leverage liquidations. This slow bleed turning into a crash is essentially the market washing out weak hands.
Latest Analysis: Signs of a bottom starting to show
From the latest market snapshot, the daily chart has touched the lower Bollinger Band around 2,204. Although the 4-hour MACD is still in a death cross, the 15-minute chart is showing signs of bullish divergence, and a bounce is imminent.
Today's Trading Guide
Refuse to chase shorts: The current price is at 2,253, very close to a strong daily support level, making chasing shorts here a poor risk-reward setup.
Left-side positioning: I’ve decided to set my defenses around 2,210, with a stop-loss at 2,185. Since it’s dropped like a dog, let’s wait until this "dog" is sitting at the bottom before bringing it back home.
Take-profit settings: The first resistance to watch for a bounce is at 2,280.
☕ Insight
Trading is about finding logic when others are fearful. Yesterday’s profits are secured, today’s task is to protect the principal and patiently await that definitive "second test support" signal.
#ETH #以太坊策略 #暴跌分析 #合约交易 #风险控制