How to trade during range fluctuations:


1. Current Market Situation (as of 16:00 March 4)

- Ethereum (ETH) approximately $1980–$2000

- Short-term core range: $1950–$2050, mainly oscillating with bulls and bears tugging

- Linked with Bitcoin, no independent trending market, leaning towards weak oscillation

2. Range Oscillation Judgment (1–2 weeks)

- Most likely to maintain a weak oscillation within the $1800–$2000 range

- Strong resistance above: $2000–$2050 (multiple rejections)

- Support below: $1930–$1950 → $1900 → $1840–$1880

- Technical analysis: Moving averages converging, MACD in a bullish crossover below the zero line but price not strengthening simultaneously, a weak rebound dominated by bears

Short Selling

- In the short term, try small positions to short within the $1980–$2020 range, with stop-loss set above $2050

- Targets: $1930–$1950 → $1900 → $1880

- Risks: If volume breaks through $2050, short positions may be swept out; only if it breaks below $1900 will a larger downside open up
ETH0.52%
BTC0.24%
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