The market fluctuated for two days over the weekend, and the price is now back near 37,300. The bulls have been unable to reach new highs even after many recent attacks, so just continue to wait for the decline.
Short order strategy: entry 37300, increase position 38000, take profit 34000-33000, stop loss 39000
Ether is now above the blue upward trend line. I have been holding it for now and just continue to wait. Friends with long orders should pay attention to the stop loss position, as the decline often comes faster than the rise.
Short order strategy: Entry near 2060, take profit 1920-1900, stop loss 2150
Next, let’s take a look at the copycat market. Judging from the daily MACD, Sui is currently on a downward trend and has a tendency to touch the ema21 moving average. It has risen strongly in the early stage and needs to rebound to cover. You can use the EMA21 moving average and the EMA55 moving average as take-profit levels.
MACD daily short order strategy: entry 0.62, take profit 0.6-0.58-0.53, stop loss 0.65
Summarize
Today is Monday, the fluctuations are about to begin, and the decline will eventually come. Long orders should be careful to stop losses.