The current market fluctuation is quite obvious, but fortunately, the trading range is very clear. Identifying and mastering this range can significantly simplify our trading decisions.
Currently, the Ethereum price is mainly fluctuating between $2500 and $2580, with these two price levels forming strong support and resistance levels. Trading within this clear range, buying near the low of $2500 and selling near the high of $2580, can be a more intuitive strategy.
The key to successful trading lies in accurately grasping the boundaries of this range; one should neither enter the market too early before the price touches the support level, nor underestimate the impact of the resistance level by holding the asset for too long.
In terms of specific operations, it is recommended to adopt a light position short-term trading model to avoid being disturbed by the market's short-term Fluctuation. Reasonably controlling the position size and pursuing stable returns should be a wise choice in the current environment.
In this fluctuating market, patience often yields more stable returns than aggression. Observing the price movement within the range, combined with changes in trading volume, can improve the success rate of trades.
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The current market fluctuation is quite obvious, but fortunately, the trading range is very clear. Identifying and mastering this range can significantly simplify our trading decisions.
Currently, the Ethereum price is mainly fluctuating between $2500 and $2580, with these two price levels forming strong support and resistance levels. Trading within this clear range, buying near the low of $2500 and selling near the high of $2580, can be a more intuitive strategy.
The key to successful trading lies in accurately grasping the boundaries of this range; one should neither enter the market too early before the price touches the support level, nor underestimate the impact of the resistance level by holding the asset for too long.
In terms of specific operations, it is recommended to adopt a light position short-term trading model to avoid being disturbed by the market's short-term Fluctuation. Reasonably controlling the position size and pursuing stable returns should be a wise choice in the current environment.
In this fluctuating market, patience often yields more stable returns than aggression. Observing the price movement within the range, combined with changes in trading volume, can improve the success rate of trades.