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ETH has not yet broken through 3550, so we have laid out a strategy to short ETH at 3410 today, without laying out long positions for ETH.
You can clearly see that the overall trend of ETH is weak. I will only buy ETH at a low price after it breaks through 3550.
Currently, it seems that ETH has a support position around 3333-3300, and unexpectedly 3440 has become a resistance level for ETH, indicating its weakness.
In the live broadcast just now, someone asked about his long position with a cost of 3337. Actually, your entry point is still considered as support. I always have risk control when trading with high leverage in contracts. If you want to go long at this position, the stop loss should be below 3300. For example, if the risk control point is 3290, because 3300 has been tested for 3 days, the support will become weaker with each test, and ETH will only have an upward trend once it breaks out of this range. If you want to find the low points of ETH downwards, they are 3333, 3233, and 3123 in order. These are the closest supports for Ethereum at the moment. The extreme pin point doesn't count because it's basically a point that ends in 1 minute, and there are rarely any sharp pins that start with 28, unless it's a scam, how could there be such sharp moves every day!
If ETH is traded on the right side, for example, if it breaks through and stabilizes above 3440, a resistance level of 3550 can be seen. If it breaks through and stabilizes at 3550, then the space is open and the next position could be 4000. Therefore, right-side trading needs a triggering mechanism, and operations can only be executed after it occurs. #ETH