The previous cycle's ETH trading results were quite good. From a long entry at 3280 to a profit opportunity at 3367, the first-tier investment yielded 87 points; then, continuing to short at 3367, another 87 points of profit was achieved at 3383. The entire operation accumulated a total profit of 174 points, which is a relatively steady pace.



From a technical perspective, ETH's current trend is quite interesting. It has repeatedly tested the support bottom in the 3283-3273 range, establishing an effective support level. The resistance above is clearly formed in the 3383-3402 area. This creates a relatively narrow box pattern with obvious oscillation characteristics.

The upcoming trading strategy is also quite straightforward. If you continue to position long around 3280 on the left side, the targets are 3367 and 3403, with a stop-loss at 3190 below. Conversely, if you short at the 3383 resistance level, the stop-loss is expanded to 3479, and the targets below are 3280 and 3218. This forms a relatively symmetrical risk-reward structure.
ETH-8,76%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 10
  • Repost
  • Share
Comment
0/400
FunGibleTomvip
· 01-19 04:03
A steady return of 174 points is indeed good, but why do I feel that this kind of box oscillation is most likely to get trapped?
View OriginalReply0
MidnightGenesisvip
· 01-19 02:50
174 points steady gains, but I need to monitor the contract flow within this range; the 3280 support is being tested too frequently. I need to see what on-chain data shows.
View OriginalReply0
just_another_fishvip
· 01-18 02:11
174 points per cycle, stable is stable, but how long can this buying and selling last?
View OriginalReply0
SelfCustodyBrovip
· 01-17 06:13
174 points steady progress, this rhythm is really comfortable, and the key is that there is a symmetrical risk-reward structure to support it.
View OriginalReply0
PanicSeller69vip
· 01-16 04:52
Securely taking profits at 174 points, sisters, this is the correct way to open up.
View OriginalReply0
MEVSandwichvip
· 01-16 04:43
174 points, this pace is indeed steady. I need to learn how they achieved it.
View OriginalReply0
DAOTruantvip
· 01-16 04:39
Hey, this rhythm is steady. Taking down 174 points really gives a good feel.
View OriginalReply0
P2ENotWorkingvip
· 01-16 04:36
174 points, this rhythm is indeed steady, much better than my reckless moves last week haha Nice technique, but that 3190 support level is a bit risky, what if there's a black swan This wave of box oscillation really is giving us money, a versatile rhythm Long positions lurking around 3280, I've been waiting for this opportunity too
View OriginalReply0
ServantOfSatoshivip
· 01-16 04:23
174 points safely in the bag, this rhythm is really comfortable. Moving back and forth within the range, I just like this kind of regularity. Is ETH going to test the bottom repeatedly again this time? Waiting for the 3280 breakout. By the way, that resistance line at 3383, it doesn't seem to be hard to break... 174 points, I wonder how much it would be in USD, but forget it, technical analysis still seems more reliable. This symmetrical structure, it feels like it’s about to explode every time just by a little. Range-bound oscillation is the easiest to get trapped in; good luck escaping the top.
View OriginalReply0
View More
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)