This breakthrough has changed the market landscape, and trading strategies need to be adjusted accordingly:
Confirm the validity of the breakout: The key is to see if the price can stay above the newly formed support zone of 2,980-3,000 over the next 1-2 days. If it can hold, then the breakout is valid and can be seen as a sign of strength.
Short-term trading: You can adopt a strategy of buying on dips at support or increasing positions on a breakout. The ideal entry points for bullish positions are: 1. when the price pulls back to stabilize around 2,980-3,000; 2. when the price strongly breaks through 3,100. Stop-loss can be set below 2,950. #中东局势升级 $ETH
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This breakthrough has changed the market landscape, and trading strategies need to be adjusted accordingly:
Confirm the validity of the breakout: The key is to see if the price can stay above the newly formed support zone of 2,980-3,000 over the next 1-2 days. If it can hold, then the breakout is valid and can be seen as a sign of strength.
Short-term trading: You can adopt a strategy of buying on dips at support or increasing positions on a breakout. The ideal entry points for bullish positions are: 1. when the price pulls back to stabilize around 2,980-3,000; 2. when the price strongly breaks through 3,100. Stop-loss can be set below 2,950. #中东局势升级 $ETH