Ethereum(ETH) has recently drawn attention for its market performance. The latest data shows that ETH experienced a 3-day death cross on September 3rd and is currently in a 3-hour trend. However, the bottom formation remains unclear, and it is expected that the short-term will be characterized by wide fluctuations.
On the technical side, ETH faces several key price levels. The support levels below are 4272, 4260, 4226, and 4183 USD, while the resistance levels above are at 4313, 4365, 4389, and 4448 USD. These key price levels will play an important role in future trading.
The market sentiment indicator shows that the current long-short ratio of ETH is 1.95, with a fear index of 55, indicating a relatively neutral level. In actual trading, the long-short ratio is close to balanced at 52:48, while the overall network long-short ratio is completely balanced at 50:50. This emotional balance may suggest that market participants are taking a cautious stance on future trends.
For trading strategies, professionals advise to wait and observe until clear patterns emerge. At the same time, they emphasize the importance of setting stop-loss orders, believing that trades without reasonable stop-loss protection may face higher risks.
It is worth noting that the cryptocurrency market is constantly changing, and investors should closely follow market dynamics and manage risks effectively. Before making any investment decisions, it is advisable to conduct thorough research and analysis, and consider one's own risk tolerance.
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staking_gramps
· 09-05 21:05
Hold on tight, it's about to big pump!
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WagmiOrRekt
· 09-05 16:21
It's another choppy market, hard to play.
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SorryRugPulled
· 09-05 14:03
Are you still looking at this K-line? It's clearly Be Played for Suckers.
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notSatoshi1971
· 09-04 12:11
Lying flat and fishing, waiting to da moon.
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SerumSqueezer
· 09-03 02:52
It's stable, I'm all in.
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MissedTheBoat
· 09-03 02:52
Still waiting for the inverse head and shoulders pattern? Buy the dip early to make money.
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WagmiWarrior
· 09-03 02:51
Everyone is pretending to be deep. More is more, and less is less.
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StableGenius
· 09-03 02:38
as predicted... the masses never learn to read technical signals properly
Reply0
FloorSweeper
· 09-03 02:30
weak signals everywhere... time to counter the crowd tbh
Reply0
SlowLearnerWang
· 09-03 02:29
What is this ky price chart... I'm so confused I can't even see straight. It looks like I'll never be able to outrun the suckers.
Ethereum(ETH) has recently drawn attention for its market performance. The latest data shows that ETH experienced a 3-day death cross on September 3rd and is currently in a 3-hour trend. However, the bottom formation remains unclear, and it is expected that the short-term will be characterized by wide fluctuations.
On the technical side, ETH faces several key price levels. The support levels below are 4272, 4260, 4226, and 4183 USD, while the resistance levels above are at 4313, 4365, 4389, and 4448 USD. These key price levels will play an important role in future trading.
The market sentiment indicator shows that the current long-short ratio of ETH is 1.95, with a fear index of 55, indicating a relatively neutral level. In actual trading, the long-short ratio is close to balanced at 52:48, while the overall network long-short ratio is completely balanced at 50:50. This emotional balance may suggest that market participants are taking a cautious stance on future trends.
For trading strategies, professionals advise to wait and observe until clear patterns emerge. At the same time, they emphasize the importance of setting stop-loss orders, believing that trades without reasonable stop-loss protection may face higher risks.
It is worth noting that the cryptocurrency market is constantly changing, and investors should closely follow market dynamics and manage risks effectively. Before making any investment decisions, it is advisable to conduct thorough research and analysis, and consider one's own risk tolerance.