11:30 AM 3:00 AM Ethereum after-hours analysis strategy

Today's trend: fluctuating slightly bullish/cautious shorting
Single Direction: Short Position
Technical indicators: KDJ K value shows a death cross, J value shows oversold. There is a short-term rebound demand, but the trend is still bearish. RSI shows insufficient short-term momentum and has not entered oversold territory, which may also be affected by weekend liquidity. Moving averages are still in a bearish arrangement, indicating a weakening short-term trend but not completely broken. MACD shows a death cross status and is leaning bearish. It is best to avoid opening positions as much as possible due to weekend liquidity, as the trend direction can easily be misled by some market manipulators' trading volumes.
Short position entry: price pulls back to 3020-3030 to open short, stop loss at 3050, take profit at 2960 (the weekend levels are all invalid on normal trading days).
Note: A forced liquidation of more than 500 points can be done without setting a stop loss, but you should leave a good defensive point for additional positions. Avoid black swans with 3% of each new position, and if the floating loss reaches 100%, stop loss half (after the loss, the position is 1.5%). After stopping loss half, if the floating loss reaches 200%, you can use the full position to do T with 3%.
Note: Live broadcast at 7:30 PM every evening. There is no position management and for those who can't control their hands, the points above are for reference only. Friends with their own ideas and execution can hold confidently. This will be a good direction for your trading.