Intraday strategy for Ether on the 9th.
Ether surged strongly yesterday (3883→4220), with bears under significant pressure. Currently consolidating at a high level, direction remains to be confirmed.
Those who are in cash are advised to wait and see:
- If it pulls back to the 4130-4100 range and shows a rebound signal, you can buy on the right side, targeting 4220-4300;
- If it breaks below 4060 and stabilizes underneath, you can set up a short position, targeting 3950-3860, and continue to watch for further downside.
The breakthrough direction at key positions will determine the profit margin
View OriginalEther surged strongly yesterday (3883→4220), with bears under significant pressure. Currently consolidating at a high level, direction remains to be confirmed.
Those who are in cash are advised to wait and see:
- If it pulls back to the 4130-4100 range and shows a rebound signal, you can buy on the right side, targeting 4220-4300;
- If it breaks below 4060 and stabilizes underneath, you can set up a short position, targeting 3950-3860, and continue to watch for further downside.
The breakthrough direction at key positions will determine the profit margin