Firstly, I'd like to state my opinion that I'm bullish on the long-term trend of Ethereum. The market is known for its fluctuations, and it's only after experiencing a decline that a better upward trend will emerge. The current decline was expected as the support level of 1580 was to be tested. After testing the support level in the short term, the market began to trade sideways, indicating that the support is effective.
Personally, I will initiate a long-term bullish position near 1580, with a target of 1700-1750. Daily short-term fluctuations do not need to be overly concerned, and light trading can be conducted. Some patience is required in terms of timing.
I will update my final trading strategy for my friends to reference in a timely manner, and I hope it will be helpful to you. If you have any questions, please leave a message, and I will give you the most reliable advice. Your attention and likes are the motivation for my continuous updates.
Comment:
ETH After stepping back to 1560, it quickly rebounded to above 1600. The long position has not been destroyed, and the multi-order layout continues to look upwards
