Ethereum is currently fluctuating within a relatively obvious range, with prices stuck between 2900 and 3000. If you want to make a profit, you need to learn to buy low, sell high.



From a short-term perspective, bearish opportunities may be imminent. If the price cannot stabilize above the 2960 line, considering a light short position is an option, with targets looking towards 2930 or even around 2900, and placing a stop loss above 2970. The issue is that although the MACD shows a brief strong signal, the moving averages are firmly holding down, and the volume has not yet increased, which looks concerning. If there is a rebound to the 2970-2980 range and it encounters stagnation or forms a long upper shadow as a divergence signal, that would be the time to short.

Looking towards the medium term, the strategy needs to adjust its thinking a bit. Near the bottom around 2900-2910, you can try to go long with a small position, setting the stop loss at 2880 and the target at 2950-2970 will be sufficient. However, if it effectively breaks below 2880, then the space opens up, and it may run towards 2800-2820.

Several risk points cannot be ignored: Recently, the price fluctuations have been small, but unexpected news can instantly break the balance, which is the most feared. Do not over-leverage; operating within 5 times is normal, and make sure to set a stop-loss, as there is no room for negotiation.

Important position reference table: Resistance levels are 2960, 2970, 3000, support levels are 2930, 2900, 2880.
ETH-0.33%
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SignatureAnxietyvip
· 1h ago
I'm almost numb in the 2900-3000 range. Saying "buy low and sell high" is easy, but actually doing it is deadly. One careless move and you might end up reversing your position.
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faded_wojak.ethvip
· 10h ago
Listening and starting to doubt my order, can the line at 2960 really hold? It's easy to say buy low, sell high, but in actual operation, it's just being eaten by stop loss... Is the moving average suppressing? Isn't that just the rhythm of continuing to consolidate? I choose to sleep. Is 5x leverage still "normal"? Everyone, are you teaching me how to get liquidated? If 2880 breaks, it will head straight for 2800, just thinking about this drop makes me uncomfortable. Shorting when encountering a long upper wick during a rebound? The premise is that it really rebounds, but now everyone is fighting for 2960. I've heard the phrase try a small position to go long countless times, but in the end, it's still a loss. Sudden news is the most annoying, a good range is broken, who can stand it?
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DegenDreamervip
· 10h ago
It's the same old buy low, sell high strategy, treating oneself as a sucker harvesting machine, but the result is often a Reverse operation and getting Rekt.
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CommunitySlackervip
· 10h ago
Wow, this market really can't hold on anymore, being pumped back and forth between 2900-3000 every day, my stop loss has been breached.
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LightningSentryvip
· 10h ago
Again being pulled back and forth in this dead zone of 2900-3000, so annoying. It's easy to say buy low, sell high, but doing it ends up being a slap in the face. This MACD signal is fighting with the moving averages, and higher trade volumes are slow to come. I feel like the short positions opportunity is approaching. If 2880 breaks, it will be disastrous. At that time, 2800 is definitely unavoidable.
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SpeakWithHatOnvip
· 10h ago
This range of fluctuations is really annoying. Buying low and selling high sounds simple, but it’s just a rhythm of cutting losses. I’m trapped again.
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