Recently, this wave of market movements has provided many opportunities. On the morning of January 3rd, ETH's price just touched the long position we previously set and successfully hit the take profit level. This move yielded a profit of 80 to 100 points. Friends who followed along should have also secured their gains.
However, next, we need to be cautious. Weekends are usually high-risk periods for volatile fluctuations. Based on experience, the K-line is likely to oscillate within a narrow range over the next couple of days. Instead of getting caught in a trap, it's better to take a break. Once the weekend's market settles, we can re-evaluate and plan our long and short strategies for next week.
From a technical perspective, the resistance level above is around 3150 to 3200, while support levels are at 3100 and 3080. If you decide to enter the market, it is recommended to operate with a small position, controlling it within 2% to 5% of your account. This way, you can participate in the market while protecting your principal. Trade rationally and avoid being swayed by market sentiment.
Of course, this is just my personal market observation. The specific approach should be adjusted according to your own risk tolerance.
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MetaverseHermit
· 13h ago
80 to 100 points just got eaten up like that, really good. But I still think there's no need to mess around during the weekend, it's easy to get repeatedly chopped.
The small position of 2-5% is a pretty good suggestion, at least it won't get stuck by a reverse move. By the way, I feel like your support levels aren't that solid.
Lying flat over the weekend is the best, let's wait until the market is clearer.
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DeFiCaffeinator
· 13h ago
80 to 100 points are just eaten up like that, really steady. Let's just relax over the weekend to avoid being repeatedly worn down.
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FlashLoanPhantom
· 13h ago
80 to 100 points just gone like that, and I still have to wait over the weekend? Should I rest or keep watching the market?
Recently, this wave of market movements has provided many opportunities. On the morning of January 3rd, ETH's price just touched the long position we previously set and successfully hit the take profit level. This move yielded a profit of 80 to 100 points. Friends who followed along should have also secured their gains.
However, next, we need to be cautious. Weekends are usually high-risk periods for volatile fluctuations. Based on experience, the K-line is likely to oscillate within a narrow range over the next couple of days. Instead of getting caught in a trap, it's better to take a break. Once the weekend's market settles, we can re-evaluate and plan our long and short strategies for next week.
From a technical perspective, the resistance level above is around 3150 to 3200, while support levels are at 3100 and 3080. If you decide to enter the market, it is recommended to operate with a small position, controlling it within 2% to 5% of your account. This way, you can participate in the market while protecting your principal. Trade rationally and avoid being swayed by market sentiment.
Of course, this is just my personal market observation. The specific approach should be adjusted according to your own risk tolerance.