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Market analysis: Core strategy: The current price of ETH is around 2990, and the price is constrained to operate between the 12 hour level and the 3015 to 6-hour level mid track support of 2980. The upper stop loss point is 3030, the lower stop loss point is 2945, and the lower stop loss point is below 2945, continuing the small level bearish trend to around 2900-2920. The stop loss is 2880. If the price breaks through 3030, it will see around 3100.
market analysis
*Current price: around $2990, within the range of 12 hour suppression of 3015 and 6-hour mid track support of 2980.
*Key Points:
*The upper stop loss point is $3030, and after breaking through, it may continue the bullish trend to around $3100.
*Stop loss point below: $2945. If it falls below, it may continue the low-level bearish trend to around $2900-2920, with a stop loss of $2880.
Operational Recommendations
*Breakthrough strategy: If the price breaks through $3030, consider following up on multiple orders with a target around $3100.
*Drop strategy: If the price falls below $2945, consider placing a short order with a target around $2900-2920 and a stop loss of $2880.
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Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.