#数字货币市场回调 The current price level is worth following, Ethereum has been holding above with higher trade volumes at the hourly level, and the bottom support is quite solid. The daily chart shows a clear long positions attack structure, and this strength even surpasses the overall market performance.
From a technical perspective, after a volume contraction and a rapid increase in trading volume, this trend reveals signs of funds repeatedly building positions within the range, with support levels being continuously raised. As a market sentiment barometer, if ETH holds above, the overall short selling sentiment in the market will converge.
This position is suitable for lightly entering long positions, with targets looking at the main upward trend after tonight's US stock market opens. In terms of operation, it is recommended to set a looser stop loss to avoid being washed out by short-term fluctuations—we want trend profits, not bottom fishing, and certainly not to hard catch at the halfway up.
Seize certain opportunities and let profits run on their own.
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.
17 Likes
Reward
17
5
Repost
Share
Comment
0/400
ProposalDetective
· 14h ago
This ETH move is indeed quite interesting; the accumulation at the bottom is pretty solid.
View OriginalReply0
VibesOverCharts
· 12-02 18:39
This wave of ETH is indeed interesting, the bottom support is so solid, it feels like it's about to rise.
View OriginalReply0
GateUser-44a00d6c
· 12-02 04:13
Are you looking at long orders again? How can you be so easily brainwashed by long positions?
View OriginalReply0
StablecoinAnxiety
· 12-02 04:03
Damn, they're starting to talk about long positions again. They always say this, but in the end, aren't they just getting dumped?
View OriginalReply0
PuzzledScholar
· 12-02 03:55
Well, ETH has indeed held above this wave, and the bottom catch a falling knife strength looks quite strong.
#数字货币市场回调 The current price level is worth following, Ethereum has been holding above with higher trade volumes at the hourly level, and the bottom support is quite solid. The daily chart shows a clear long positions attack structure, and this strength even surpasses the overall market performance.
From a technical perspective, after a volume contraction and a rapid increase in trading volume, this trend reveals signs of funds repeatedly building positions within the range, with support levels being continuously raised. As a market sentiment barometer, if ETH holds above, the overall short selling sentiment in the market will converge.
This position is suitable for lightly entering long positions, with targets looking at the main upward trend after tonight's US stock market opens. In terms of operation, it is recommended to set a looser stop loss to avoid being washed out by short-term fluctuations—we want trend profits, not bottom fishing, and certainly not to hard catch at the halfway up.
Seize certain opportunities and let profits run on their own.