Ethereum Market Outlook

The morning session started at 2:00 and 11:00.

From the 3350 level,

it took 6 hours to rise to 3435.

The increase was only 2.5%,

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Ethereum Market Outlook

The morning session started at 2:00 and 11:00.

From the 3350 level,

it took 6 hours to rise to 3435.

The increase was only 2.5%, which did not reach the average daily fluctuation of 3% for Ethereum.

Long position strategy:

If the price breaks below or approaches the support level around 3350,

consider a long position with a stop loss of 1 point.

Take profit at the median line of 3390.

Tonight, a high probability of a short position.

Set take profit at 3280.

Then observe the system's choice in the evening or the 2:00 session.

Check if it aligns with a one-sided market trend.

Ideally, see the spring-like wide-range oscillation start to gradually compress,

or a consolidation lasting over 6 hours,

followed by a volume breakout.

This is the real moment to act,

and when we are most likely to profit in this market.

Coordinate with the system's choices at 9:00 and 10:00 in the evening,

or open a position after 2:00.

Expect the price to reach around 3450 by about 9:30.

I will go short.