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#特朗普撤销农业产品关税 Ethereum's price action yesterday looked like it was about to To da moon, but it ended up giving long positions a lesson.
$ETH encountered fierce selling after hitting a high, causing the price to drop rapidly. Fortunately, the level at 2788 held strong. There was a rebound, but the strength was clearly insufficient, and the short-term structure has weakened, entering an adjustment mode.
The key now is the 2850 line. If it holds and can break through 2900, short-term pressure can ease, and there is a possibility of going up to 2950-3000; if it breaks 2850 again, it will have to go back to test 2788, and it might even drop to around 2800.
Currently, it is oscillating in the range of 2850-2900, which is suitable for switching between high and low positions. Don't get carried away and chase after it.
How to do it specifically? You can try taking long positions with a light position around 2850, aiming for 2900 and 2950, with a stop loss set below 2820; if it breaks below 2850, take light short positions in the direction of the trend, targeting 2800, with a stop loss set above 2880.
Before the direction is clear, remember two words: light position. Quick in and out, wait for the real breakout to follow.