Ethereum Afternoon: Only One Trade, Fast Entry and Fast Exit



Currently, ETH is in a predominantly bullish overall trend, with a phase of short- to medium-term pullbacks and weak sideways volatility in the short term. Across multiple timeframes, there is a divergence between the trend and the short-term. For trading, it is recommended to focus mainly on short-term buying the dips and taking profits at highs, avoiding chasing rallies or selling in panic. The current market volatility is relatively small. You need to pay close attention to whether the strong support at 2303 breaks. Once it breaks, the pullback room will open further. If you can hold the support and rebound to break through 2343, the pullback may be over, and the market may return to the upward channel.

One-trade idea:

Northbound: Pull back to 2317-2310 and stabilize, stop loss at 2300, target 2335-2343
Southbound: Rebound 2335-2343 meets resistance, stop loss 2353, target 2317-2310#山寨币强势反弹
ETH0,21%
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