Ethereum's performance is highly synchronized with Bitcoin's trend, but the specific levels differ slightly. Recently, it faced resistance at high levels, with a pullback of about 180 points.
Currently, the 1-hour timeframe is still making a directional decision. From the technical chart perspective, the 3140 level has already completed a bottoming process. However, if we look at the 4-hour indicators, it is very likely that today will see a downward probe followed by a rebound and upward movement.
In this situation, our strategy is to operate close to the support level of the bottom moving average, which is around 3095.
What exactly to do? Gradually build long positions in batches between 3130 and 3100, with the first target set at 3200. Remember, it’s important to deploy in batches—don’t go all in at once.
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MemeCoinSavant
· 1h ago
ngl the "don't all-in" advice hits different when half the degens on here are literally going all-in at market open lmao
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MoonBoi42
· 01-08 05:53
I agree with the phased building of positions; those who go all-in at once are all rookies. The 3095 level must be maintained, or else it will break through directly.
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MergeConflict
· 01-08 05:53
3140 Bottoming out? Nice words, but I think we still need confirmation from the probe. Don't get fooled into it.
I agree with the phased approach, but can 3095 really hold?
Let's see how the 4-hour chart develops first. This move feels a bit weak.
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SandwichTrader
· 01-08 05:43
I've had my eye on the 3095 moving average for a long time. Entering in batches is indeed stable, but I'm worried about the moment it drops again after entering.
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GreenCandleCollector
· 01-08 05:28
Over 3100 long positions set up, stop loss at 3090, simple and straightforward without any fuss
Ethereum's performance is highly synchronized with Bitcoin's trend, but the specific levels differ slightly. Recently, it faced resistance at high levels, with a pullback of about 180 points.
Currently, the 1-hour timeframe is still making a directional decision. From the technical chart perspective, the 3140 level has already completed a bottoming process. However, if we look at the 4-hour indicators, it is very likely that today will see a downward probe followed by a rebound and upward movement.
In this situation, our strategy is to operate close to the support level of the bottom moving average, which is around 3095.
What exactly to do? Gradually build long positions in batches between 3130 and 3100, with the first target set at 3200. Remember, it’s important to deploy in batches—don’t go all in at once.