$ETH 1011 Inside the giant whale of 19108 Ether at the 3280 long order wall is quite solid. Don't know when it will be eaten or withdrawn by itself.
🔥 For those in empty positions, don't rush to enter long positions, wait for the interest rate cut at 3:00 AM on the 11th and Powell's speech at 3:30 PM to stabilize the market before making decisions.
🔥 For positions that are currently in profit, consider taking profits or setting a trailing stop to protect profits. For positions that are underwater, you can continue to hold without adding to your position for now.
Powell's speech has a higher probability of being hawkish, pay attention to the opportunities to go long at the bottom of the spike, the point is still to look for the Ether support level I drew before. Start looking for better positions from the 3080-3070 support level downwards.
