Yesterday, I laid out a long order at 2980~3000, with not much profit. Everyone should pay attention to controlling risks and reduce positions in batches. Today's trading strategy is as follows ↓

alts trading strategy

Macroeconomic + ETH Market Analysis: Rate cut expectations provide support, short-term pullback is an enter a position opportunity!

The probability of the Federal Reserve cutting interest rates in December has soared, with the market expecting a total reduction of 150 basis points next year. The long-term macroeconomic easing environment is favorable for the digital currency sector, and the momentum for capital entry continues to strengthen.

Ethereum (ETH) is currently priced at 3020 USDT. The daily level rebound trend has started, but the momentum is relatively weak. At the 4-hour level,