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Ethereum Structure Explanation and Trading Method
Da Sheng's Viewpoint:
We are currently in an oversold structure, in a correction zone that requires repair. When trading, everyone needs to be more flexible. It’s not only about making money from sharp drops and surges; you can also profit from swings. I already provided you with a resistance level this morning, 2780. When approaching 2780, set your defense at 2780. Continuously trading short on rebounds can also be profitable. If it breaks below, just wait for it above again. When it hasn't broken, what should you do? Stick to the structure and trade accordingly. You can't say that just because it hasn't broken, you think it will break based on the chart, and then hesitate to trade. The post I subscribed to already analyzed the overall trend and current situation: either move into a converging correction or a box range. Rebound and shorting is a viable strategy. Every trade should have a stop loss—don't hold onto losing positions. If it hits your stop, move on to the next resistance level to trade. The upper resistance levels are 2780-2820-2850-2880. #加密市场观察