Today in London, ETH is fluctuating within a range.


At the upper end of the range, between 0.68-0.95, look for areas with more active buying for shorting, where high positions are being absorbed;
at the lower end, where there is more active selling, consider going long.
These positions are often accumulation or liquidation points, and a surge in open interest usually indicates a genuine breakout.
Range trading should be avoided.
Around 2144.5, short by 1 point;
around 2120, long by 1 point;
stop loss at 2 points;
take profit with a 5-point move to protect capital.
ETH0.79%
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BlownIntoTheEastWind
· 8h ago
Incorrect key position identification, it should be 2110, where there is an order block and a dense absorption area. It’s best to confirm the structural reversal at the 1-minute level.
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