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Ethereum now at 1728, up 0.18%, with little volatility, slightly more stable than Bitcoin. The order ratio is -0.17%, with selling pressure outweighing buying, and although the order book is slightly thicker than Bitcoin's, trading activity isn't very active, mostly small orders moving, with no clear direction. In the short term, it is likely to move sideways along with Bitcoin.
In terms of trading strategy, avoid chasing highs or selling lows. Wait for a pullback to around 1700 and hold a small position to go long, targeting 1740;
If it rebounds to around 1760 and stalls, go short with a small position, targeting 1710. #我的Gate交易时刻 $ETH