#BinanceABCs December 18 ETH Trading Strategy Summary

Looking at this wave of ETH market movement, I think it's necessary to clarify the specific trading approach.

First, let's talk about building a position. The 2835-2790 range is critical; it's best to find an entry point slightly below the middle of this range, and avoid chasing highs. My suggestion is to start with a small position to feel out the market rhythm, and only increase the position gradually once the direction is confirmed. This approach can significantly reduce the risk of being caught in a trap. The movement of $BTC will have a considerable impact on this trading rhythm.

How should I set the target? I divide it into two stages. In the first stage, take profits by selling half around 2885 to lock in gains. If the price continues to rise to 2970, that would be the ultimate target of this wave — but remember, if the price doesn't break through effectively, be decisive in taking profits and avoid greed. The correlation between $ETH and $BNB is also worth paying attention to.

Regarding risk control, this is what I want to emphasize most. Set your stop-loss levels in advance according to your risk tolerance, and execute immediately if the support level is broken, with no exceptions. Habits like holding on too long or fighting the trend need to be changed; capital safety always comes first. This correction tests everyone's mindset and discipline.