Can't understand the volatile cryptocurrency market? Don't worry, there's actually a logic behind it.
The market may seem crazy, but it's essentially a relay race of news and emotions: the significant rise in the past two days was primarily due to better-than-expected U.S. inflation data; the subsequent drop was the market digesting the news of Japan's interest rate hike; and the current rebound is a reflection of capital returning after the "bad news has landed."
What should you do next? Here's a practical guide:
· About ETH: Currently, the strong resistance is around 3000, and repeated testing at the same level will weaken the effect. A more prudent strategy is to place short orders in the 3150-3200 range while monitoring key support near 2800; if it stabilizes, consider a small position to catch the rebound.
· About ZEC: Currently rebounding to around 415, it's advisable to be patient. Personally, I plan to reposition long-term short orders in the 450-470 range, holding with low leverage.
Trading is not about guessing price movements; the core is to maintain a good risk-reward ratio and make high probability decisions. Long-time followers know that we rely on logical analysis and operational discipline.
The market continues, don't be scared by short-term fluctuations. It's not about who reacts faster, but who can see further and hold their ground. If you find the analysis helpful, please like and follow for more communication. Follow me so you won't get lost on the crypto road! Add me at @mb6088 ##ETH走势分析

