Ethereum daily chart strategy and layout!!

Ethereum is fluctuating around 2440-2390, and there’s no significant market movement on Saturday.

1. Daily short position, short around 2440-2445, stop loss at 2460, take profit at 2410-2393

2. Daily long position 1, enter long at 2390, stop loss at 2380, take profit at 2415-2435

3. Daily long position 2, enter long at 2375, stop loss at 2350, take profit at 2415-2435

3. Weekly short position (pre-placed): short around 2500-2520, stop loss at 2555, take profit at 2410-2365—2315

Remarks:
1. If those trapped can rebound to around 2440 today, they should add positions near 2440 to bring the average cost above 2400. It’s not a big problem to exit today or tomorrow! Ethereum has recently retraced to around 2375-2385 demand zone.

2. Those trapped can also wait until next week to add positions near 2510, bringing the average cost to 2400-2450. At around 2510, a 50-100 point pullback is possible, and controlling liquidation price at 2600 is very safe!!

2. Major resistance above Ethereum is around 2475 and 2510. Usually, no new highs will appear on Saturday and Sunday. Rest assured to short-term trade. After sideways consolidation at high levels on Saturday and Sunday, a pullback to around 2375 may occur next week, possibly reaching around 2475 or 2510. At 2510, we should preemptively lay out heavy short positions!