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Morning ETH Strategy Analysis by Little Wealthy Child
The intraday movement continues to show a correlation with Bitcoin, rising from a low of 3160 to a high of 3230, but facing resistance and showing a pullback trend. In the early session, it dropped to a low of around 3151, displaying a weak trend characterized by a follow-up decline, with clear signals on the chart.
Combining intraday volume with technical structure, the core of the operational strategy is to rely on the support range to build long positions at low points, follow the medium to long-term upward trend to seize trading opportunities, while balancing safety and profit potential.
The operation suggestions are as follows:
• Entry range: 3130-3145 area
• Target level: around 3250 (also pay attention to the strength of the range breakout)
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