Recently, Ethereum has performed strongly, successfully breaking through the 3170 integer level, reaching a high of 3300, but then quickly falling back to around 3180. From a technical perspective, the 3180-3170 range has formed a strong support-resistance switch zone, making this price band a key area for short-term observation.
For short-term trading suggestions on Ethereum: consider entering long positions around 3215, with take-profit levels set at 3280, 3350, and 3420 to gradually realize profits. The specific exit points should be adjusted based on individual risk tolerance. However, be sure to set a stop-loss, recommending a stop-loss of more than 50 points to ensure risk is manageable.
Looking at Bitcoin's movement: Bitcoin surged to a high of 94,700, with a low of 91,200, a single-wave fluctuation of 3,500 points. Using 90,000 as a support level, the 92,000-90,888 range presents good opportunities for long entries. If your risk tolerance is limited and you cannot accept a 2,000-point stop-loss, you can enter directly at 92,000 with a stop-loss set at 91,000-91,100. The upper target range is 94,000-96,000.
The key to trading lies in the absolute value of the risk-reward ratio, not just the win rate percentage. Currently, Bitcoin and Ethereum have not broken through previous rebound highs (94,000-3450). If this decline and rebound lack strong bullish momentum, it’s better to take profits when the trend turns favorable, or at least lock in breakeven profits before pursuing higher targets.
Market opinions vary from person to person; the above is only my personal analysis and thoughts. Discussions and exchanges are welcome. Trading requires rationality, and risks are to be borne by oneself.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
16 Likes
Reward
16
3
Repost
Share
Comment
0/400
GateUser-9ad11037
· 01-06 22:44
3215 entering feels a bit greedy; better to wait for 3180 to get in more safely.
View OriginalReply0
LayerZeroHero
· 01-06 22:34
Profit and loss ratio > win rate, that's a brilliant point. Too many people only focus on win rate and overlook risk management.
View OriginalReply0
BackrowObserver
· 01-06 22:24
Are you still brave enough to buy the dip at 3215? The last time you were this confident, you got trapped.
Recently, Ethereum has performed strongly, successfully breaking through the 3170 integer level, reaching a high of 3300, but then quickly falling back to around 3180. From a technical perspective, the 3180-3170 range has formed a strong support-resistance switch zone, making this price band a key area for short-term observation.
For short-term trading suggestions on Ethereum: consider entering long positions around 3215, with take-profit levels set at 3280, 3350, and 3420 to gradually realize profits. The specific exit points should be adjusted based on individual risk tolerance. However, be sure to set a stop-loss, recommending a stop-loss of more than 50 points to ensure risk is manageable.
Looking at Bitcoin's movement: Bitcoin surged to a high of 94,700, with a low of 91,200, a single-wave fluctuation of 3,500 points. Using 90,000 as a support level, the 92,000-90,888 range presents good opportunities for long entries. If your risk tolerance is limited and you cannot accept a 2,000-point stop-loss, you can enter directly at 92,000 with a stop-loss set at 91,000-91,100. The upper target range is 94,000-96,000.
The key to trading lies in the absolute value of the risk-reward ratio, not just the win rate percentage. Currently, Bitcoin and Ethereum have not broken through previous rebound highs (94,000-3450). If this decline and rebound lack strong bullish momentum, it’s better to take profits when the trend turns favorable, or at least lock in breakeven profits before pursuing higher targets.
Market opinions vary from person to person; the above is only my personal analysis and thoughts. Discussions and exchanges are welcome. Trading requires rationality, and risks are to be borne by oneself.