Recent Directions of Double Coins and Today's Trading Strategy
Since January 6th, Ethereum has shown a volatile upward trend over the past two days, gradually breaking through from around 3100 to approximately 3260. The daily chart has formed a series of consecutive bullish candles, stabilizing above the 3200 key level. The short-term upward trend is clear, but bullish momentum has weakened, and four-hour charts indicate signs of consolidation. Support levels are primarily focused on the 3180-3200 range, followed by the recent low points at 3130-3150. Deep support is at the 3000 level. Resistance is concentrated at the early morning high of 3260 and the 3280-3300 area, where previous selling pressure is dense.
Today's core trading approach is to follow the trend and trade cautiously long.
Those not yet in the market can wait for a pullback to the 3180-3190 support zone for a low buy. After entering, the initial target is 3260-3280. If broken, the next target can be 3300. If the price directly breaks through 3260 with sufficient volume, consider adding a small position to go long, with a stop loss below 3220.
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Recent Directions of Double Coins and Today's Trading Strategy
Since January 6th, Ethereum has shown a volatile upward trend over the past two days, gradually breaking through from around 3100 to approximately 3260. The daily chart has formed a series of consecutive bullish candles, stabilizing above the 3200 key level.
The short-term upward trend is clear, but bullish momentum has weakened, and four-hour charts indicate signs of consolidation.
Support levels are primarily focused on the 3180-3200 range, followed by the recent low points at 3130-3150.
Deep support is at the 3000 level. Resistance is concentrated at the early morning high of 3260 and the 3280-3300 area, where previous selling pressure is dense.
Today's core trading approach is to follow the trend and trade cautiously long.
Those not yet in the market can wait for a pullback to the 3180-3190 support zone for a low buy. After entering, the initial target is 3260-3280. If broken, the next target can be 3300.
If the price directly breaks through 3260 with sufficient volume, consider adding a small position to go long, with a stop loss below 3220.