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Overall Strategy (ETH + RIVER)
I. Latest Developments and Technical Analysis of ETH (Ethereum)
🔎 Market Status
ETH remains firm around $3,000, currently fluctuating between ~$3,100–$3,250. The mainstream market performance is highly correlated with Bitcoin. Recent overall performance has been influenced by market volatility, showing a sideways trend.
📊 Key Technical Analysis Points
Support and Resistance:
Key Support: $3,017–$3,120 (short-term important support level).
Resistance Zone: $3,298–$3,447 is the recent focus of bulls and bears.
Trend Signals:
The 1-hour chart indicates a slight advantage for buyers in the short term.
Mid-to-long-term indicators remain neutral — there are disagreements between bulls and bears, and the trend confirmation depends on whether the support holds.
📈 ETH Trading Strategy Recommendations
🔹 Short-term Strategy
If the price breaks through $3,298–$3,300 and stabilizes, consider a short-term bullish approach, targeting $3,400–$3,450.
Set stop-loss below $3,000 to prevent accelerated pullbacks after breaking key support.
🔹 Mid-term Trading
If the price maintains above support and volume confirms, consider building positions gradually.
If the price fails to hold resistance and falls back, consider taking profits gradually on rallies.
🔹 Risk Control
Closely monitor Bitcoin’s support changes as ETH’s movement is closely related.
Use proper stop-loss and position control; avoid full-position chasing of rallies.
📌 Reminder: ETH supports the world’s largest smart contract ecosystem but remains significantly influenced by market sentiment and macro capital flows. Trading should consider overall risk appetite.
📌 II. Latest Technical and Market Views on RIVER (River Token)
🔎 Project and Market Performance
RIVER is a DeFi ecosystem token with recent increases in market cap and trading volume, attracting some market attention.
Recent technical data and charts show RIVER experiencing significant volatility, with short-term sentiment being active.
📊 Technical Indicators and Support/Resistance
Support Levels (Short to Mid-term):
Support zone: approximately $12.61–$14.82.
Strong support: $10.11 (risk zone).
Resistance Levels:
Short-term resistance: approximately $19.50–$24.20.
Technical Signals:
Multiple indicators show a bullish bias for RIVER in the medium and short term, but large market fluctuations are also present (short-term emotional volatility).
📈 RIVER Trading Strategy Recommendations
🔹 Short-term Strategy
If RIVER effectively breaks through $19.50 with increased volume, consider short-term follow-up.
If the support at $14.80 is broken, exercise caution or use light positions for stop-loss.
🔹 Range Trading
In clear consolidation zones, try low buy and high sell: buy at support zones, sell at resistance zones.
If there are sudden positive news or protocol technical advancements, consider increasing positions after confirmation signals.
🔹 Risk Warning
RIVER is highly volatile; avoid using large funds for short-term chasing.
Pay attention to market sentiment changes and risks linked to overall market movements.