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A brief interpretation of the short-term trading operation strategy at the daily level:
1. Price movement and volatility analysis
In the past 24 hours, ETH/USDT reached a high of 3177.50 and a low of 2894.57, with the current price around 2951.50. The overall volatility range is large, indicating a significant increase in short-term market fluctuations, and the price has clearly faced pressure after retreating from a high position.
2. Key points of the long strategy
Steady low absorption: If the price falls back to around 2620.00 and finds support, and the daily line shows a large bullish candle and the MACD red bars expand, a very small position can be tried.
Confirmation for adding positions: If it breaks through 3028.84 (EMA5) with volume, and the daily line stabilizes, additional positions can be added, with total positions not exceeding 8%.
Take profit in batches: 3028.84, 3177.00, and 3154.21 are the main take profit points, gradually reducing positions or locking in profits.
Strict stop loss: If the daily line closes below 2620.00, an immediate stop loss is required.
3. Key points of the short strategy
Pressure shorting: If it rebounds to 3028.84 (EMA5) with volume decreasing and shows patterns like shooting star/bearish engulfing, a small position can be entered.
Breaking down to chase shorts: If the daily line closes below 2890.51 and the MACD green bars expand, additional positions can be added, with total positions not exceeding 25%.
Take profit in batches: 2890.51 and 2620.00 are the main take profit points, gradually reducing positions or taking profit entirely.
Strict stop loss: If the daily line breaks through 3200.00 with volume, an immediate stop loss is required.
4. Wait-and-see strategy
If the price consolidates in the 2900-3000 range for more than 3 trading days with low volume, it is recommended to maintain no positions, waiting for a breakthrough above 3028.84 or a drop below 2890.51 before taking action.
If you need further analysis or real-time market information, please feel free to let me know.
