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Analysis of the ETH market and trading strategies


The strong rise in the market in the morning forced many short-selling positions to be liquidated, while the market saw a rapid decline in the afternoon that triggered stop-loss for several long positions.
So far, there are still pending orders that have not been processed near 2800, and the market is likely to witness another round of volatility.
Operating suggestions:
1. The current price of ETH is around 2720, and one might consider building a buy position.
2. It is advised to strictly control the position size to avoid excessive leverage.
3. You need specific points to stop losses and take profits, feel free to reach out.
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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