#ETH On the eve of the Federal Reserve meeting, are you bullish or bearish today?



Sorry, I've been busy with my own affairs and haven't updated in a while. Starting today, I guarantee a daily strategy update except in special circumstances!

🖥️Market Analysis:

ETH is currently consolidating in a narrow range of 2300-2350, overall weak but without obvious signs of a crash.
Over the past week, it has rebounded about 12-14% from the low near 2000, but momentum has weakened in the past two days, testing the 2350 area multiple times before falling back.

Technical: Short-term is within an uptrend channel but has not broken through key resistance of $2,750. The 50-day MA is around $2307, with price close to this line, showing neutral-to-bullish bias but requiring volume confirmation.

RSI() mostly around 46-50, neutral-to-weak, neither overbought nor extremely oversold.

🏦 Uncertain Factors:

Federal Reserve meeting volatility;

Remember that word I always mention? Patience, patience, patience—with it, you've already won half the battle in trading!

Alright, here comes the key part!

🚘 Today's Strategy
Short Positions:

Aggressive:
Short entry: Around 2365-2377
Stop loss: 2405
Take profit: First target 2300-2285 (exit half)
Second target 2250-2200

Conservative:
Short entry: Wait for a spike near 2415
Stop loss: 2440
Take profit: Same as above

Long Positions:
Long entry: Around 2250 on pullback
Stop loss: 2218
Take profit: First target 2340-2360
Second target 2400-2450

Are you watching from the sidelines today, or will you patiently snipe with me?
ETH-3,54%
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