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Thursday ETH Operation Strategy Analysis
Last night’s market showed a weak trend, with Bitcoin rising slowly from 2317 to 2384. Jingyi suggested going long at 2320, and the target of 2370 was precisely reached. Genshang Baizi also made a profit.
Currently, the upper resistance zone is between 2370-2390. If it cannot break through effectively, the market will continue to fluctuate weakly, which will also lead to a second decline in Bitcoin. You can consider short positions accordingly. Only when volume increases and the price stabilizes above the zone can the upward space be opened, with further attention to the key break of 2410.
The support zone below is between 2300-2320. After the market stops falling and stabilizes, you can follow the trend to go long and seize rebound opportunities. During the quiet daytime, fluctuations are not large, so short-term trading can be done back and forth. Pay attention to key levels.