On Saturday early morning, ETH continues to trade within a narrow range. Although yesterday's market movement was not too rigid, the overall pace remained slow, and liquidity was indeed weak. Considering that last Saturday's midday rally was quite good, today we can consider expanding the range of the box for trading.
If you prefer a more cautious approach, you might wait until the midday volatility subsides, then set up a neutral grid in the afternoon. Over the next two or three days, you can earn small profits from oscillations, with tighter risk control.
For manual trading, the range from 3035 to 3135 is quite comfortable. If a sudden large spike occurs, like last Saturday (especially a sharp downward move), then the 3000 and 3185 levels are worth close attention. You can consider bottom fishing or shorting, with a stop-loss set at 5 to 10 points, without leaving too much room.
Regarding grid trading, you can start now. Setting a wider price range is safer; a span from 3000 to 3185 is appropriate. Use 5% to 10% of your capital for the initial position. In a neutral grid mode, with USDC trading pairs, set the grid to 169 levels. Alternatively, wait until the afternoon when the market is calmer, observe where the price is moving sideways, and start once it fluctuates up and down by about 100 points.
Set stop-loss levels wisely: for example, with a capital of 1000, if the grid is set to 100 levels, set the stop-loss at a 10% loss (meaning a 10-dollar loss triggers automatic closure). Once the grid starts making profit, and the profit reaches 10 dollars, immediately adjust the stop-loss to 0.01U, effectively protecting your capital. If an extreme move like a '天地针' occurs, you won't have opened a position, so losses won't be excessive.
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OnchainFortuneTeller
· 01-10 01:51
Another narrow-range consolidation again, it's making me almost fall asleep. With such weak liquidity, how dare you set up a grid?
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MerkleTreeHugger
· 01-10 01:50
With such weak liquidity, it's better to wait and see if it breaks through before playing the grid.
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BearEatsAll
· 01-10 01:41
Weak liquidity just means not wanting to move. The midday surge was really decent, and the grid was much more stable in the afternoon.
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BagHolderTillRetire
· 01-10 01:25
It's the same kind of market again, so boring. With such weak liquidity, how can we make money?
Grid trading can earn some pocket money, but this narrow fluctuation really tests patience.
The idea of stop-loss to protect capital is good, but I still prefer to do it manually. Feels like grid trading is a bit passive.
I've been watching the 3000 level for a long time. Once it hits, I'll jump in and buy, simple and straightforward.
Let's wait and see in the afternoon; maybe there will be an opportunity.
On Saturday early morning, ETH continues to trade within a narrow range. Although yesterday's market movement was not too rigid, the overall pace remained slow, and liquidity was indeed weak. Considering that last Saturday's midday rally was quite good, today we can consider expanding the range of the box for trading.
If you prefer a more cautious approach, you might wait until the midday volatility subsides, then set up a neutral grid in the afternoon. Over the next two or three days, you can earn small profits from oscillations, with tighter risk control.
For manual trading, the range from 3035 to 3135 is quite comfortable. If a sudden large spike occurs, like last Saturday (especially a sharp downward move), then the 3000 and 3185 levels are worth close attention. You can consider bottom fishing or shorting, with a stop-loss set at 5 to 10 points, without leaving too much room.
Regarding grid trading, you can start now. Setting a wider price range is safer; a span from 3000 to 3185 is appropriate. Use 5% to 10% of your capital for the initial position. In a neutral grid mode, with USDC trading pairs, set the grid to 169 levels. Alternatively, wait until the afternoon when the market is calmer, observe where the price is moving sideways, and start once it fluctuates up and down by about 100 points.
Set stop-loss levels wisely: for example, with a capital of 1000, if the grid is set to 100 levels, set the stop-loss at a 10% loss (meaning a 10-dollar loss triggers automatic closure). Once the grid starts making profit, and the profit reaches 10 dollars, immediately adjust the stop-loss to 0.01U, effectively protecting your capital. If an extreme move like a '天地针' occurs, you won't have opened a position, so losses won't be excessive.