The price of Ethereum is about to迎来 an important moment, and the support level near 3500 may bring a wave of rebound行情. Based on this assessment, I suggest considering the following trading strategies:



The direction is to choose a long position on Ether, with an entry point around 3525. Considering the current market environment, I have moderate confidence in this trade. I recommend using 10x leverage, but keeping the position size within 10% to manage risk.

For profit-taking, two targets can be set: conservative investors may consider taking profits around 3640; aggressive investors can set their target around 3720. It is recommended to set the stop-loss just below 3450, allowing the market some breathing room.

The main basis for choosing this strategy is the obvious resistance at the 3500 area, and a breakout is likely to form a rebound. It is worth noting that, to increase the probability of execution, orders should avoid integer levels; orders can be placed slightly below the resistance zone or slightly above the support level.

The current market is highly volatile, with frequent occurrences of false breakouts and false breakdowns. To cope with this situation, it may be appropriate to raise the stop-loss position. Although this will reduce the risk-reward ratio, it can significantly improve the win rate, which is a more prudent approach in the current market conditions.

Please remember that the cryptocurrency market carries high risks, and investors should always remain rational, strictly implement risk management strategies, and not bet all their funds on a single trade. At the same time, continuously monitoring market dynamics and timely adjusting strategies are also crucial.
ETH2.72%
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SmartContractWorkervip
· 07-23 18:50
The leverage is a bit conservative.
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BlockchainDecodervip
· 07-23 18:47
The stop loss is a bit tight.
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