September 6th ETH Market Analysis

1. Short Order Trading Strategy

  1. Entry Timing: It is recommended to wait for the market to rebound to around the 4315 point level before strategically placing a short order.
  2. Risk Control: Set a conservative stop-loss at 4327. If the market reaches this level, strict adherence to the stop-loss exit must be executed.
  3. Target Setting: The first take-profit target is 4280. If the market continues to decline, you can gradually take profit at the levels of 4250 and 4210.
  4. Strategy Adjustment: If the market breaks through the 4340 point level causing a short order stop loss, it indicates that the short-term rebound momentum has strengthened, and all short order plans should be paused, shifting focus to the new resistance levels during the subsequent rebound process.

2. Long Order Trading Strategy

  1. Entry Timing: Only gamble on a short-term rebound when the market dips near the 4210 point level, using a "small stop loss" approach. It is not recommended to actively open long positions in other ranges.
  2. Risk Control: The stop-loss level is set at 4200. If the market falls below this point, you must exit immediately to control the risk.
  3. Goal Setting: If the long order entry rebounds effectively, you can refer to the three key resistance levels of 4380, 4410, and 4490 above, and gradually take profits in stages.
ETH2.33%
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