11.20 4 AM Ethereum after-hours analysis strategy

Today's trend: clear decline
Single direction: low long/bottom fishing/high short
Technical indicators: The moving average is in a bearish arrangement, and the short-term trend is clearly bearish. The four-hour MACD is in a death cross. The Bollinger Bands are at the lower band position and are still opening downwards. Overall, it is still in a downward channel with no signals of reversal. The US stock market opened flat and is trending lower. Tonight until noon, it is still bearish, but the more bearish it is, the more opportunity there is to buy the dip. Trading volume is decreasing while selling pressure is relatively heavy. Both RSI and KDJ indicators have reached an extremely oversold state, which also means that this could be a bottom.
Long entry point: Buy below 2880 and hold until 2950 to 3050.
High point: Short on the rebound to 3000-3050 with a stop loss at 3080.
Break below 2870 to short (here, shorting refers to shorting after a rebound) with a target looking towards 2820.
Buy the dip levels: 2820 2770 2700. Buy in portions at these three levels to go long. These are relatively realistic levels that can be reached.
Open a position with 3% each time to avoid black swans. Stop loss at 50% of unrealized losses (after losing, the position is 1.5%). After stopping loss at 50%, unrealized losses can be 200%. You can invest 3% of the entire position for trading.
Note: There is no position management and for those who can't control their hands, the points above are for reference only. Friends with their own ideas and execution can hold on boldly; this will be a very good trading direction for you.
ps: The point given yesterday in image one, 2880, has made another hundred percent.