In the crypto world, Futures Trading, mindset determines success or failure! No matter how great the market Fluctuation is, one must remain as steady as Mount Tai—remind yourself 'contentment brings happiness' in times of greed, and believe that 'opportunity always comes after the storm' in times of fear. Strict stop loss is not cowardice, but a way to gain momentum for the next opportunity; compound interest growth is not a fantasy, but the wisdom of taking small steady steps. Don’t let emotions sway your judgment, and don’t forget your original intention because of temporary gains and losses. In the early morning market, Ethereum completed a strong V-shaped reversal, the long positions trend was established after the market accurately retraced to the 3526 support and quickly surged, forming a typical V-shaped reversal structure. The price has successfully broken through the 3600 key psychological level and is holding above 3644.



From the current trend, Ether is stabilizing with strong support at the bottom, and it is clear that long positions are beginning to counterattack. As long as Ether holds above the 3620 line in the morning, returning to 3700 should not be a problem. Moreover, since the four-hour MACD has formed a golden cross, the bullish bars are continuing to expand, and the RSI is firmly above the strong zone of 60. The moving average system on the hourly chart shows a perfect bullish arrangement. After breaking through the 3620 neckline, the theoretical upward target has pointed to the 3720-3750 area.

Ether strategy: long around 3620, target 3700
Bitcoin strategy: go long around 118500, target 120000 #稳定币监管风暴#
BTC0.56%
ETH1.14%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)