Yang Guang bit | October 21 $ETH —ETF daily net inflows of $526 million drive a rebound; trend turns bullish, buy the pullback
【Today's Strategy】
Entry timing: Place long orders on a pullback to the 2430–2440 range
Stop-loss: Set the long position stop below 2415
Take-profit targets:
First target: 2470–2480
Second target: 2500–2520
【Key Takeaway】
ETH followed BTC higher overnight, surging in a long bullish candle from around 2380 to 2477.70. It is currently near 2455, with price above all moving averages on both the 4-hour and 1-hour charts, signaling a short-term trend reversal from bearish to bullish. The key driver is ETF daily net inflows of $526 million, the largest in a month. Combined with an 1.8% drop in oil prices, a 1.02% gain in the Dow Jones, and October rate-hike expectations cooling to 82.3%, with rates held steady, risk appetite has clearly recovered. Today's strategy is to focus on buying pullbacks, with short positions at the previous high's resistance as a secondary option. Stay on top of the trend throughout; no trend-driven crash or sharp sell-off is expected.
$ETH #特斯拉Q3财报
【Today's Strategy】
Entry timing: Place long orders on a pullback to the 2430–2440 range
Stop-loss: Set the long position stop below 2415
Take-profit targets:
First target: 2470–2480
Second target: 2500–2520
【Key Takeaway】
ETH followed BTC higher overnight, surging in a long bullish candle from around 2380 to 2477.70. It is currently near 2455, with price above all moving averages on both the 4-hour and 1-hour charts, signaling a short-term trend reversal from bearish to bullish. The key driver is ETF daily net inflows of $526 million, the largest in a month. Combined with an 1.8% drop in oil prices, a 1.02% gain in the Dow Jones, and October rate-hike expectations cooling to 82.3%, with rates held steady, risk appetite has clearly recovered. Today's strategy is to focus on buying pullbacks, with short positions at the previous high's resistance as a secondary option. Stay on top of the trend throughout; no trend-driven crash or sharp sell-off is expected.
$ETH #特斯拉Q3财报
