The market has unexpectedly dipped! However, the opportunity to buy the dip is brewing, and this range is key.
The morning prediction of waiting for a rebound and buying on dips after a decline accurately captured the downtrend, but I didn't expect the strength of the bears to be so strong—beyond what Shan Ge anticipated. I didn't wait for an effective rebound, and the bottom-fishing long position I tried in the morning had to cut losses and exit.
But don't panic! Although the current coin price is likely to dip slightly, the space for a deep correction is already very limited, and the bottom-fishing window is gradually opening. From the 1-hour level, after a continuous drop below the lower track, the bearish momentum is strong, but the KDJ three lines have already entered the oversold zone and show slight signs of turning upwards, which is a signal for bulls to gather strength.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
9.4 PM Ether market analysis & thoughts:
The market has unexpectedly dipped! However, the opportunity to buy the dip is brewing, and this range is key.
The morning prediction of waiting for a rebound and buying on dips after a decline accurately captured the downtrend, but I didn't expect the strength of the bears to be so strong—beyond what Shan Ge anticipated. I didn't wait for an effective rebound, and the bottom-fishing long position I tried in the morning had to cut losses and exit.
But don't panic! Although the current coin price is likely to dip slightly, the space for a deep correction is already very limited, and the bottom-fishing window is gradually opening. From the 1-hour level, after a continuous drop below the lower track, the bearish momentum is strong, but the KDJ three lines have already entered the oversold zone and show slight signs of turning upwards, which is a signal for bulls to gather strength.
Operation Suggestions:
- Place long orders around Ether 4300-4360, targeting 4450, with a stop loss near 4290.
#Gate上线Ondo专区现货交易# #非农就业数据来袭# #今日你看涨还是看跌？#